Getting Out of Our Health Insurance Quagmire
Abstract
Per-capita spending on health care in the U.S. is the highest in the world, and it is not clear that this high spending generates additional health benefits. This high spending, coupled with high and rising health insurance premiums, a large group of uninsured citizens, and a fair bit of inequality in the delivery of health care all point to an inefficient health care system. In policy study 1903, authors Dennis W. Jansen, Liqun Liu, and Andrew J. Rettenmaier argue that much of these inefficiencies in health care are due to ill-designed government policies. This study offers an outline of efficiency-enhancing reforms, including replacing the tax exclusion on employer-provided health insurance with tax credits, using the health saving account to strengthen cost-saving incentives, keeping government mandates in check, and ensuring pricing transparency to better achieve greater cost-consciousness among both providers and patients.
Description
Energy_EnvironmentCollections
Citation
Jansen, Dennis W.; Liu, Liqun; Rettenmaier, Andrew J. (2019). Getting Out of Our Health Insurance Quagmire. Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library. Available electronically from https : / /hdl .handle .net /1969 .1 /199273.