Thursday, May 04, 2017

40 Years of Certificate-of-Need Laws Across America. The Scam to Restrict The Supply of Health Facilities.


The Mercatus Center reports:
In the summer of 2016, New Hampshire became the 15th state to repeal its “certificate-of-need” (CON) program. This means that 35 states and the District of Columbia currently prohibit entry or expansion of healthcare facilities through CON programs. These laws, which require government permission before a facility can expand, offer a new service, or purchase certain pieces of equipment, were enacted in the belief that they would achieve several goals.
When you restrict supply : you get higher prices. This is just basic Econ 101. Can you imagine the price of food if government restricted the number of grocery stores or restaurants?