Overcharged: How Medicare and Obamacare make your health care cost too much

Suppose a small child says your car is broken because it won’t fly. How would you respond? You would explain that cars aren’t supposed to fly. That’s not the purpose of a car. Now suppose an adult says the U.S. health care system is broken because it won’t deliver high-quality care at a reasonable price. Your response should be the same: that’s not its purpose.

American healthcare costs too much and does too little. Why? Because the payment system is designed to move as many dollars as possible into the health care sector, not to encourage providers to deliver high-quality services at reasonable prices. Obamacare failed because it left the payment system unchanged. The Republicans’ alternatives to Obamacare don’t change the payment system either. Consequently, they too will fail. This book identifies reforms with real potential to make American healthcare better and less expensive.