The GOP should embrace a supply-side alternative to ObamaCare (“Biden, Trump and ObamaCare,” Review & Outlook, Nov. 30). ObamaCare is a demand-side policy, and that merely bids up prices without increasing overall availability.
Increase the supply of healthcare, however, and the cost will come down, with or without repealing ObamaCare. Increase the number of doctors, nurses and healthcare professionals of all kinds. That will take time and money, but a lot of the reason we have a doctor shortage is regulatory. Reducing barriers to entry doesn’t require additional funding.
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Clinton Mora is a reporter for Trending Insurance News. He has previously worked for the Forbes. As a contributor to Trending Insurance News, Clinton covers emerging a wide range of property and casualty insurance related stories.