Why We Hate the Healthcare System: Obamacare, Lobbyists, and Fraud - Michael Cannon
I sat down with healthcare policy expert Michael Cannon to unpack why the U.S. healthcare system drives everyone crazy. From exploding costs and rampant fraud to government shutdowns over Obamacare subsidies, healthcare issues continue to monopolize our politics and our everyday lives. Contrary to what Bernie Sanders might think, government intervention—not capitalism—has rigged the healthcare system to benefit insurers, hospitals, and politicians at the expense of patients. We dig into how moral hazard fuels waste and overconsumption, why lobbyists undermine smart reforms in favor of…
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