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Mark Leakos

Mark Leakos

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  • Why can you buy a phone that has more computing power than the most powerful computers of a few decades ago for a couple of hundred bucks? The answer is competition, technology and free markets.

    It's why the Oklahoma Surgery Center is able to perform operations for 1/5 of the cost of usual and yet it remains a for profit center. As is true with all free market systems the prices are transparent. With private insurance or government insurance, patients have no incentive to search out the best prices

    Why can you buy a phone that has more computing power than the most powerful computers of a few decades ago for a couple of hundred bucks? The answer is competition, technology and free markets.

    It's why the Oklahoma Surgery Center is able to perform operations for 1/5 of the cost of usual and yet it remains a for profit center. As is true with all free market systems the prices are transparent. With private insurance or government insurance, patients have no incentive to search out the best prices. Can you imagine if back in 1990 the government decided everyone would get the same mobile phone and they would control the cost of that phone? We would be walking around with big phones that were only phones.

    Greed has nothing to do with it. Competition takes care of greed. Consumer driven, free-market (with publically posted pricing) healthcare will revolutionize health care costs.

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