How the Experts Are Wrecking Healthcare - Andrew Foy, MD - Mises Daily

How the Experts Are Wrecking Healthcare - Andrew Foy, MD - Mises Daily: "The data regarding the Medicaid population is similarly abysmal. The bottom line regarding these expertly designed programs is that they have done tremendous damage to the medical marketplace, and the minor benefits they bestow on target populations could have probably occurred in their absence given the direction of developments in private medical insurance prior to their passage. But here is the best part: in 1965 the government estimated that in 1990 Medicare expenses would total $12 billion; instead actual spending turned out be $110 billion — a 1,200 percent increase!"