What the government doesn’t understand about health care — over-regulation kills
With excellence in medical research, innovation and bio-medical technology, America’s hospitals attract patients from across the globe. Yet with spending surpassing 3.4 trillion dollars last year, access to quality health care for all Americans remains painfully elusive.
In fact, the IOM reports that medical errors continue to cost the lives of Americans, despite health care remaining one of the most regulated industries in the country.
At my alma mater Johns Hopkins University, we proudly raised both our hands and pledged, “with these hands I will do no harm.” Medicine is a field most of us choose based on a motivation to help people and a recent study shows preventable medical errors the third leading cause of death in the US.