It is often said that the problems with the health care market could be solved by eliminating government regulation and allowing a free, competitive market to function. Do you agree or disagree?
Explain why this is or is not correct, clearly stating all your reasons (note: You must list the characteristics of a free competitive market and provide a reason why that characteristic is or is not present in healthcare). Hint – please review the last lecture in Module 3 prior to answering this question!
Remember, you must include references from sources, including those cited in the course readings.
If acess to these books can use as reference:
1. Sloan, FA & Hsieh Health Economics (2016) Second Edition. The MIT Press, ISBN : 9780262035118
2. Frank, Bernanke, Antonovics, and Heffetz (2019) 7th McGraw Hill, ISBN 978-1-260-11091-3
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