How Our Health Care System Works

Policy Reports | Health

No. 177
Monday, February 01, 1993
by John C. Goodman, Aldona Robbins, and Gary Robbins

A new model of the medical marketplace shows that U.S. health care costs are rising because Americans are overinsured and that government policies are the primary reason. The most important change in health care finance in the past 30 years is the increased opportunity to spend other people's money:

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