Sure there is. It's called single payer.
There's no way to fix this with the current layers of middlemen milking profits from what should be a public utility.
I meant to say there’s no market-based solution to the problem.
That said, single payer has problems, too, which is why few countries use it in its purest form. Everyone gets a “floor” of coverage, which is a good thing, but people also hate waiting long periods for treatments and the inability to choose a specific care provider. Britons love NHS, but they hate it, too.
You can’t go single payer in the US without actually destroying the entire insurance industry overnight and because of that, there’s no way to transition to it smoothly. The HSA plan does both.
In which country with more than 10 million people have you seen a market-based solution result in high patient satisfaction, low costs, and top-tier treatment outcomes? Not just in theory, but in reality.
