Competition in health care
While the American health care system is not a single-payer system as in Canada or the United Kingdom, government regulation in the health care industry is substantial. But do these federal and state regulations on the practice of medicine and the business of health care protect patients and consumers, or hurt innovation and competition in the marketplace? We pose these questions to David Hyman, professor of law and medicine at the University of Illinois and adjunct scholar at the Cato Institute.
