Health Care: Price Competition Can Lead to Quality Competition

HEARTLAND INSTITUTE by John C. Goodman, President and CEO of the National Center for Policy Analysis - [Excerpt] "Wherever there is price competition, there also tends to be quality competition. In the market for Lasik surgery, for example, patients can choose traditional Lasik or more advanced custom Wavefront Lasik. Prices range from less than $1,000 to more than $3,000 per eye. In the international medical tourism market, some hospitals in India, Thailand, and Singapore disclose their infection, mortality, and readmission rates and compare them to such U.S. entities as the Cleveland Clinic and the Mayo Clinic." Read full article at Heartland.org...