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TXANS
TXANS Association of Responsible Nonsubscribers

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TXANS's News/Press Releases

08/19/2004

NEW REPORT REVIEWS THE POSITIVE ROLE OF COMPETITION IN HEALTH CARE

"Healthy competition equals healthy consumers," stated FTC Chairman Timothy Muris. "Consumers want high-quality, affordable, accessible health care and the challenge of providing it requires new strategies. Vigorous competition promotes the delivery of high-quality, cost-effective health care and the report provides a guidepost for policy-makers that want to ensure access to quality care and help consumers make informed choices."

The American free-market system is built on the premise that open competition and consumer choice maximizes consumer welfare - even when complex products and services such as health care are involved. The report identifies prerequisites to effective competition, and provides concrete recommendations to improve the performance of the health care market.

Hopefully, similar research will be conducted with regard to market-based solutions in an effort to improve highly regulated state workers' compensation schemes. A good place to start might be to look at Texas employers that provide employee injury benefit programs outside of the state workers' compensation system.


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