In several ways, traditional health care financing has long been unfair to middle and lower-income insureds. A major problem is monopoly pricing of many services and goods. Although the point is seldom recognized, American-style health insurance greatly aggravates the redistributive effects of...

While American policymakers and commentators have traditionally focused on three aspects of the health care system - access, cost, and quality - they have neglected an arguably coequal fourth issue: equity in the distribution of health care costs and benefits. This brief introduction to a...

For a reason not generally recognized – U.S.-style health insurance – health care providers with market power enjoy substantially more pricing freedom than comparable monopolists in other markets. Monopoly in health care markets therefore has redistributive effects that are especially...