Jo Jorgensen's Big Idea: A truly market-based system of health care, like Lasik surgery
Added 10-23-20 06:29:02am EST - “The Big Idea? is a series that asks top lawmakers and figures to discuss their moonshot? ?"? what's? the one proposal, if politics and polls and even price tag were not an issue, they'd implement to change the country for the better??…” - Foxnews.com
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The Big Idea is a series that asks top lawmakers and figures to discuss their moonshot — what’s the one proposal, if politics and polls and even price tag were not an issue, they’d implement to change the country for the better?
Jo Jorgensen, the Libertarian Party's 2020 presidential nominee, is campaigning on a market-based health care vision where patients would shop for the best prices for services and providers would be forced to drive down costs to remain competitive.
Jorgensen, who is on the ballot in all 50 states and the District of Columbia, says when the government and insurance companies stop messing with health care, prices will finally stop skyrocketing. She points to laser eye surgery, which insurance traditionally doesn't cover, as a good example of what market-based health care could look like if expanded nationally. Costs eventually went down for the elective surgery at a time when overall health care costs went up.
"They know that with LASIK you're spending your own money, and you're going to spend it carefully," Jorgensen told Fox News. "So adjusted for inflation, if you look over 20 years from 1992 to 2013, the prices decreased 70% for LASIK."
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