Critics of market mechanisms in healthcare argue that the area is just too complex to be left to the market, that the preconditions for a functioning market – rational, well-informed consumers – are not in place, and that moving away from state provision would entail a loss of democratic accountability. Do they have a point?
At the IEA’s THINK conference, these and other questions were addressed by the IEA’s Head of Health and Welfare Dr Kristian Niemietz. Kristian is the author of the IEA’s ‘NHS Trilogy’:
- ‘A patient approach. Putting the consumer at the heart of UK healthcare’,
- ‘What are we afraid of? Universal healthcare in market-orientated health systems’
- ‘Health check: The NHS and market reforms’.