Arnold Kling likes this idea:
If it’s price signals and competition you’re after, why not cut out the middleman and have consumers pay doctors directly? For example, imagine a national healthcare plan that paid 75% of all medical expenses but required you to pay the other 25%. Your maximum out-of-pocket expense each year would be capped at, say, 5% of income at low income levels, 15% in the middle, 30% at the next level, and 50% for the rich.
Related posts:
- Administrative costs and single-payer
- Single-payer: Will Americans go for the Prius?
- Single-payer fanaticism
- Single-payer: Does it increase mortality?
- Michael Moore an obstacle to single-payer?
- The make-believe savings of single-payer
- Beware single-payer
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