Op-Ed: What Healthcare and Higher Education Have in Common
May 3, 2007
Healthcare is notorious for runaway prices, which are due, in part, to this financing scheme: multiple payers. And these multiple payers have assured streams of revenue, which include:
- Employer-provided health insurance
- Health insurance purchased by the individual to comply with government mandates (as in Massachusetts’ new healthcare system)
- Direct government grants (Medicaid)
- Dedicated taxes (Medicare) (TCS Daily)