The U.S. can slash health-care costs 75% with 2 fundamental changes — and without ‘Medicare for All’

MarketWatch August 15, 2019
Sean Masaki Flynn

Fund the HSA deductible, as Indiana and Whole Foods do, and put real prices on everything

As the Democratic presidential candidates argue about “Medicare for All” versus a “public option,” two simple policy changes could slash U.S. health-care costs by 75% while increasing access and improving the quality of care.

These policies have been proven to work by ingenious companies like Whole Foods and innovative governments like the state of Indiana and Singapore. If they were rolled out nationally, the United States would save $2.4 trillion per year across individuals, businesses, and the government.

The first policy—price tags—is a necessary prerequisite for competition and efficiency. Under our current system, it’s nearly impossible for people with health insurance to find out...

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