Health Care Reform

During the past two decades, all of the industrialized nations have enacted some form of healthcare reform. America is no exception. Just a few years ago, the U.S. was consumed by a vigorous public debate about healthcare. In the end, the result was a useful one, reaffirming that the U.S. would retain its essentially market-based system. Instead of reform imposed from the top down, the American healthcare system underwent some rather profound self-reform, driven by powerful market forces. The market--not the government-- managed to wring inflation out of the private healthcare market.