“In wrestling with this dilemma, many countries are loosening government controls and injecting market mechanisms, particularly cost sharing by patients, market pricing of goods and services, and increased competition among insurers and providers. As Pat Cox, former president of the European Parliament, put it in a report to the European Commission, “We should start to explore the power of the market as a way of achieving much better value for money.”339”

Michael F. Cannon, Replacing Obamacare: The Cato Institute on Health Care Reform
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