4 ms·
With USDA captured by agricultural interests, and FDA by pharmaceutical lobby, what’s to prevent the regulatory capture of this new single-payer agency?
by lxm 3y ago
With USDA captured by agricultural interests, and FDA by pharmaceutical lobby, what’s to prevent the regulatory capture of this new single-payer agency?
- orange-mentor 3y agoHealth _insurance_ would ideally become a market that simply ceases to exist. It's a uniquely pathological case of market failure. I've got no love for drug company lobbyists, but drug companies do actually manufacture real things. Health insurance companies are different. Once it becomes a government benefit, there are no more lobbyists. There is no market actor to lobby on behalf of, because the market ceases to exist.
- lxm 3y agoThe regulatory capture would be not by health insurers, but by healthcare providers, who are the final recipients of the healthcare spending anyways.