Certificate of Need Law Kills People
Thanks to Gary North at Tea
Party Economist.
Today, 36 states have certificate of need laws. Inventors
cannot get new procedures accepted in local hospitals until they prove to state
bureaucrats that the new procedures are wanted by the community.
Existing providers that will not be able to compete
economically are allowed to testify as to why the community — which knows
nothing about this — really does not need the new procedure. This is another
technique that allows the good old boys in medicine to maintain their
high-income positions.
This is how the medical-industrial complex keeps its hold
on the medical marketplaces. They use the state. Because the state funds
hospitals, this system is inevitable. If you take the state’s nickel, you take
the state’s noose.
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