Thursday, October 29, 2020

Jo Jorgensen's Big Idea: A truly market-based system of health care, like Lasik surgery

The Libertarian Party 2020 presidential nominee shares her plan to drive health care costs down

by Marisa Schultz, Fox News 

Jo Jorgensen, the Libertarian Party's 2020 presidential nominee, is campaigning on a market-based health care vision where patients would shop for the best prices for services and providers would be forced to drive down costs to remain competitive.

 

Jorgensen, who is on the ballot in all 50 states and the District of Columbia, says when the government and insurance companies stop messing with health care, prices will finally stop skyrocketing. She points to laser eye surgery, which insurance traditionally doesn't cover, as a good example of what market-based health care could look like if expanded nationally. Costs eventually went down for the elective surgery at a time when overall health care costs went up.

"They know that with LASIK you're spending your own money, and you're going to spend it carefully," Jorgensen told Fox News. "So adjusted for inflation, if you look over 20 years from 1992 to 2013, the prices decreased 70% for LASIK."..

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