Opinion: The 'skin in the game' approach to health care spending has failed

Online vitriol isn’t pretty. But the mass schadenfreude that greeted the assassination of United Healthcare CEO Brian Thompson, while cruel and inappropriate, did succeed in drawing attention to growing rage over the nation’s private health insurance system.

Consumers are angry because the premiums for their health insurance are too high. Patients are angry because they pay too much out-of-pocket for health care when they use their insurance. Both patients and their doctors are angry when they are denied services by a distant bureaucrat working for a health insurer.  

Read the rest…