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In 2018, the healthcare industry employed 2,829 lobbyists, more than 5 for each member of Congress. More than half of the lobbyists were “revolvers,” ex–Congress members or ex-staffers. Some go as far as to describe Congress itself as the “farm league” for lobbying.
Not only in the healthcare industry but also in business more generally, anticompetitive behavior, wherever it exists, is an agent of upward redistribution.
The organization of the American healthcare system is a disaster for the harm it does to health, but even more because it is draining the livelihoods of Americans in order to make a rich minority richer.
The Sheriff of Nottingham has taken up residence in Washington, DC, and the good cops have left town. Robin Hood is nowhere to be seen.