Single Payer Good For Business & Job Creation
By Sheila Suess Kennedy for IBJ - The fight over the GOP’s health care bill was the latest iteration of a recurring debate between free market true believers and people who understand that market exchanges require a willing buyer and willing seller, both of whom possess all information relevant to the transaction. For rather obvious reasons, that doesn’t describe health care. Proponents of single-payer systems routinely point out that countries having such systems pay less for better health outcomes but seldom explain how our system disadvantages American business. The largest single drag on job creation and entrepreneurial activity in the U.S. is the cost of providing insurance.