Health Care Regulation Spending Trap | Zendy

Timothy McTighe | Zendy

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Health Care Regulation Spending Trap

Author(s) -

Timothy McTighe

Publication year - 2017

Publication title -

reconstructive review

Language(s) - English

Resource type - Journals

eISSN - 2331-2270

pISSN - 2331-2262

DOI - 10.15438/rr.7.2.187

Subject(s) - trap (plumbing) , payment , business , health care , goods and services , public economics , health insurance , actuarial science , public relations , finance , economics , political science , economic growth , market economy , engineering , environmental engineering

Our health care system has faced many challenges over the past 40 plus years. Now these challenges have forced us into a complicated situation that makes it confusing on how best to proceed. Today third party insurance payers make most health care payments. Our premiums are paid into a risk pool-on medical services for other people. Consumers are disconnected from knowing the cost of goods or services that they are receiving. This commentary reviews the current situation and provides a few common sense approaches for pursuing the best potential policies.

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