Where did the health insurance system as we know it come from? Why are so many people these days getting insurance through their jobs? Why are prices so particularly high in American health care? Is Obamacare working?

John C. Goodman notes that what’s critical to understanding the American health care system is that the identity of the party that ends up paying the bill has a huge effect on pricing in the medical marketplace.

Show Notes and Further Reading

John C. Goodman’s books A Better Choice: Healthcare Solutions for America (2015), Priceless: Curing the Healthcare Crisis (2012), and Patient Power: The Free-Enterprise Alternative to Clinton’s Health Plan (1993).

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