Entrepreneur and Anesthesiologist Keith Smith of the Surgery Center of Oklahoma talks with host Russ Roberts about what it's like to run a surgery center that posts prices on the internet and that does not take insurance. Along the way, he discusses the distortions in the market for health care and how a real market for health care might function if government took a smaller role.
Senator Elizabeth Warren, D-Massachusetts, has revealed how she anticipates financing Medicare for All (M4A). Summing up, her plan underestimates costs, overestimates revenues, and glosses over devastating effects on the U.S. economy.
On Nov. 1, presidential candidate and Sen. Elizabeth Warren, D-Mass., announced a proposal billed as a financing plan for “Medicare for All.” Unfortunately, it does not even acknowledge, let alone finance, the costs of Medicare for All.
$52 trillion dollars. That’s the price-tag for Elizabeth Warren’s plan to bring single-payer, government-run health care to America. And, believe it or not, that number may actually be a conservative estimate for what Medicare-for-all would cost.
The Working Group on Health Care Policy devises public policies that enable more Americans to get better value for their health care dollar and foster appropriate innovations that will extend and improve life.