More Playing Monopoly Under The Unaffordable Care Act: Obamacare Is An Old Fallacy

A physical therapist wrote the economic blogger, Mike “Mish” Shedlock, about another feature of Obamacare: A cornerstone of ACA (Obamacare) is promotion of Accountable Care Organizations (ACOs) intended to be fully integrated systems, capable of taking patients through a complete continuum of care. Allegedly, ACOs would reduce price. ACOs (virtually the same as hospital consolidation) do not deliver on the promises. Many anti-capitalists claim that the free market leads to cartels where Read more […]