The Reason Interview With Nick Gillespie cover image

Eric Boehm: Why Is American Health Care So Dysfunctional?

The Reason Interview With Nick Gillespie

00:00

Regulatory Capture Limits Healthcare Innovation

Certificate of need laws, which exist in about 26 states, require health providers to obtain government approval before offering new services or expanding facilities. This bureaucratic process often leads to regulatory capture, where existing healthcare providers influence and sometimes control approvals, effectively stifling competition and innovation in the healthcare sector.

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