More Access. More Choice. Less Cost.
More Access. More Choice. Less Cost. by Margaret Hampton at Brownstone Institute Secretary Kennedy is right to question the cost and power of the American Medical Association’s Current Procedural Terminology monopoly. But eliminating CPT would solve the wrong problem—and could create a much larger one. CPT is deeply embedded in American healthcare. It is the common language used to describe conventional medical services, process claims, and move enormous volumes of information through the insurance system. Whatever one thinks of the AMA’s role in controlling it, CPT has become critical…
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