Understanding economics is key to being able to get American out of its healthcare mess.
The past century is riddled with interventions wresting control away from physicians and centralizing it in the hands of the federal government and large firms. Rather than addressing policy issues as they arise, reviewing the healthcare system in historical context can reframe the discussion, revealing its foundational problems.
While in medical school it is easy to become siloed in studying for exam after exam and lose sight of the goal we are working toward, tirelessly striving to build the intellectual foundation we will need to treat our patients. But our careers will be so much more than the individual interactions we have with our patients.
The Docs 4 Patient Care Foundation has been leading the fight along with other free market organizations like BRI and The Heritage Foundation to bring attention to Certificate of Need laws that obstruct competition in the medical marketplace.
[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 […]