But the medical profession itself has always been generous in helping the indigent. That would enable even the lowest-income people to buy medical care and health insurance. On the supply side, the repeal of medical licensing, governmental accreditation of medical schools, and restrictions on hospital construction would increase the amount of care available, lowering prices even more. This would expand individual liberty and introduce real competition into the medical marketplace. Quality assurance would be much better handled in the free market through private certification organizations, such as Underwriters Laboratory and Consumer Reports.
Governmental intervention is always dangerous.
But nowhere is it more so than in the health-care industry. To subscribe to the print version of Freedom Daily Click Here . All rights reserved.