According to a Fortune report: "'The problem with both Medicare and private plans is the third-party-payer system,' says Ryan. 'Consumers, spending their own money, will drive down prices.'"
Absolutely correct!
Take note, however, that ObamaCare would accomplish the exact opposite, i.e., expanding third-party payments. That's a recipe for accelerating costs into the future.
Raymond J. Keating
Chief Economist
Small Business & Entrepreneurship Council
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