News Headlines Article

How Doctors Became Subcontractors
The Health Care Blog

In our healthcare system, the “middleman” is not who you think.

During my recent podcast interview with Jeff Deist, president of the Ludwig von Mises Institute, I remarked that third-party payers are not, in fact, intermediaries between doctors and patients. In reality, it is the physician who has become a “middleman” in the healthcare transaction or, as I argued, a subcontractor to the insurer.