There’s a nice succinct state-of-the-health-care industry quote on The Health Care Blog:
For the perfect Adam Smith market to appear in health care, information and expertise has to appear on the consumer side, and monopolies have to be broken on the producer side.
As I suggested in this post, I don’t think you can get there from here. Even a little freer market would be a move in the right direction but the producers won’t abandon their monopolies without help.
