US healthcare: government failure and market-based reform

During discussions about reform of the National Health Service (NHS), reference is often made to the state of US healthcare. Defenders of the UK status quo, who oppose the introduction of market mechanisms, point to the USA as a case study of the undesirable outcomes that result when markets allocate healthcare resources. This view of the US healthcare system permeates across the UK political spectrum, yet does not stand up to rigorous analysis.

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Source: http://www.iea.org.uk/blog/us-healthcare-government-failure-and-market-based-reform

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