100 Years of Market Distortions
Written By: Greg Scandlen
Published In: CHCC Report > CHCC Reports
Publication date:
05/22/2006
Publisher: Consumers for Health Care Choice
Economists often say, “the market has failed in health care,” but this paper argues that if it has failed it is because of 100 years of endless tinkering by various levels of government. The paper walks through the history of health care regulation, beginning with The Early Years – 1900 – 1929; The Formative Era, 1930 – 1949; The Growth Era, 1950 – 1965; The Regulatory ERA, 1965 – 1980; The Competitive Era, 1981 – 1999; and finally The Consumer Era beginning in 2000.
See more articles by Greg Scandlen
Grace-Marie Turner is president of the Galen Institute, a public policy research organization that she founded in 1995 to promote an informed debate over free-market ideas for health reform.
