It certainly doesn’t feel this way at times, but we have never been closer to a true free-market health care revolution than we are right now.
Thanks to an executive order (EO) signed by President Donald Trump, proposed legislation by Sen. Ted Cruz (R-Texas) and Rep. Chip Roy (R-Texas), and existing medical savings account law, we could be witnessing a free-market makeover of health care that delivers better care at lower prices.
Now, some may incorrectly think that we already have a free-market system in health care. This is clearly not the case, however, as centrally controlled pricing and extensive crony systems are rampant, shackling Americans with the most expensive and complex health care system in the world. Despite this dysfunction and the efforts of entrenched special interests, the United States is on the precipice of substantial reform.