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Ed Dolan on Employer-Sponsored Health Insurance

EconTalk

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Is There a Market Based System?

I don't have any problem with encouraging a market in that kind of universal coverage. The advantage of that over the current system is that a private entity, assuming there was competition, if there's no competition, it doesn't help. But if there's competition, you at least have someone with an incentive to reduce innovation that is not productive and encourage innovation that is productive. I just think that's a Kafka-esque way to get from here.

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