“As this wave of free market healthcare solutions emerges, it is important to make sure the government stays out of the way. The free market does work in healthcare if given the chance.” ~Trenton Schmale, DO, BRI chapter founder & past president Marian University College of Osteopathic Medicine
[Ed. Note: On March 21, 2017, The Indiana Star ran an article by Dr. Richard Feldman on healthcare economics. Dr. Feldman is an Indianapolis family physician and former Indiana health commissioner.] Dr. Richard Feldman’s article “Feldman: Economics Principles Don’t Apply to Healthcare” speaks to the frustrations many of us experience regarding healthcare; like high prices, high […]
“I encourage all BRI medical students to get involved in healthcare policy at the state level, as it does affect all doctors and patients. It is a great platform to spread free market ideas and create a medical environment where the patient-doctor relationship can thrive.” ~Trenton Schmale, BRI-Founder & President, MUCOM
When one is focused on negatives, desiring government involvement in an area like healthcare is not surprising. If we were able to divorce ourselves psychologically from politics, would that help us see all the benefits our country has to offer? We need to be focusing on our country’s positives, including our advanced level of medical care.
What would come of a national healthcare policy guided by the ethical principle of noninterference? While it won’t prevent market failures from occurring in healthcare, it will allow the free market to fix the failures instead of government. Market forces not only act faster than government, a free market response will keep costs down, innovation up, and allow as many people as possible to obtain healthcare.