LASIK As a Model for Health Care Reform
Market-based health care solutions are discussed in this Reason.tv video, based on what works quite well in the other five-sixths of the U.S. economy, where choice and competition lead to increases in quality and lower prices over time (electronics, automobiles, clothing, etc.). In one of the few truly market-based areas of health care that is actually consumer-driven (since it's not covered by insurance and patients make direct cash payments) - LASIK eye surgery - there have been market-driven improvements in quality and dramatic reductions in cost, which could be a model for health care reform for other procedures.
Specific recommendations from Reason include:
1. Change the tax code.
2. Scale back state regulations and create a national market for health insurance.
3. Promote Health Savings Accounts (HSAs).
MP: The chart above shows the 42% reduction in LASIK surgery between 1991 and 2009 (in inflation-adjusted 2009 dollars).