What all this means is that the cost ofmedicalcare is subject to market forces that diverge strongly from the prices patients would pay in a free market.
With universal coverage by health savings accounts, a private competitive market in medicalcare would emerge to supplement or even replace the bloated bureaucratic health insurance programs of insurance companies and federal and state governments.
With that, we will lose our last chance at a private market for medicalcare, lose more of our freedom of choice, and fall deeper into the sticky embrace ofthe central planners in Washington.