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Free market may enhanced the quality of health services from a competitive perspective. However, free market may lead to downsizing health care organization and the cost- cutting becomes questionable to the quality of healthcare received.

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Will the market for health services and for health insurance operate best in a deregulated environment?

Can deregulating of the government be applied in the health care economy market like many other services such as airlines, trucking for an competitive market?

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Arguably, according to  (Goforth, 2018) proponents say, insurance should provide a safety net for big-ticket charges, while consumers pay routine costs out of pocket.

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Due to a having a present competition it can drive out social economies that are control price via government

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Profits are nearly in every industry, but when invested back R & D may enhanced medical technology and fundamental new drugs development.

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Achieving moral, high quality, affordable medical care in America through a true free market

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Achieving moral, high quality, affordable medical care in America through a true free market

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A market-based health economy would allow health insurance to naturally revert to an indemnity plan that would be used for rare events in life (such as cancer, a heart attack, a major trauma), (McKalip, 2016).

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Goodman who considers himself as one of the nation's leading thinkers on health policy believes free market adjustment would constitute Center of Excellence to seek out and emerge of  and actively compete to solve patient problems.e  ( Cancer treatment centers , diabetes centers). As an added benefit from this perspective there would be no need for annual  enrollment and patients can switch plan as needed in accordance to their respective health elements. This is designed to give freedom to the consumer in more price transparency.

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There's argument in a free market that low cost is questionable as the demand for health care is inelastic given factors such as population growth. As a results critics would argue that government regulation is needed for cost and the patients would benefit from quality service. The question proposed is does a free market affords efficiency? In short critics would argue no simply because of the high inelastic demand.

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 Insurance Makes Healthcare Far More Expensive

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 Insurance Makes Healthcare Far More Expensive

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Hi Class, I believe there's a lot to be said about the video posted below. Please look past the entertainment used and focused on the message. I look forward to comments.

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John Stossel: Insurance Makes Healthcare Far More Expensive

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You Decided Should there be a Combination of Free Market and Single Payer System

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You Decided Should there be a Combination of Free Market and Single Payer System

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https://thehill.com/blogs/pundits-blog/healthcare/344611-combining-a-free-market-and-single-payer-system-will-provide

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Goforth Alan. (2018). Free-market health care solutions | BenefitsPRO. [online] BenefitsPRO. Available at: https://www.benefitspro.com/2018/08/11/free-market-health-care-solutions/ [Accessed 12 Nov. 2019].

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Goodman, J. C. (2017, April 4). Forbes. Retrieved from Forbes.com: https://www.forbes.com/sites/johngoodman/2017/04/04/getting-health-reform-right/#13b7c0cb69b3

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Hardin, N. (2017). Single Payer vs. Free Market - A Look at Healthcare (Part 3 of 3).

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What Would  A free Market Market Look Like For Health Care

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What Would  A free Market Market Look Like For Health Care

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Goodman, J.C. (2017, April 10)Forbes. Retrived from Forbes.com

https://www.forbes.com/sites/johngoodman/2017/04/10/what-would-a-free-market-for-  health-care-look-like/#2

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Achieving moral, high quality, affordable medical care in America through a true free market. 

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Achieving moral, high quality, affordable medical care in America through a true free market. 

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McKalip D. (2016). Achieving moral, high quality, affordable medical care in America through a true free market. The Linacre quarterly, 83(4), 423–444. doi:10.1080/00243639.2016.1253277