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4min chapter
Michael Cannon on Employer-Sponsored Health Care
The Great Antidote
The Cash Market Is Less Expensive Than the Cash Market
On average the consumer is paying 10 cents for each dollar of medical care she receives. Some people might shop around but a lot of people are going to say why bother if i'm paying 100%. The government with its tax exclusion from player sponsored health insurance has driven up health care prices, he says. He argues that cost conscious consumers can drive down prices and make health care more universal by bringing it within the reach of more and more people every day.
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