Medicare price controls and rationing

On Stossel, Peter Suderman and Scott Gottlieb discuss how to fix Medicare. Gottlieb discusses Medicare’s price controls such that physicians get paid the same regardless of their quality, and that insurers mimic the system. He says government authorities will tighten control over doctors, control what care they can provide. Suderman discusses the point of his article, Medicare Whac-A-Mole Why health care price controls always fail. Continue reading