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Healthcare Administrative Costs and Competition Policy

BY | May 31, 2023

Even though the U.S. healthcare system exhibits higher administrative costs than any other OECD nation, they have not received substantial attention from policymakers despite their enormous cost and impact on…

Even though the U.S. healthcare system exhibits higher administrative costs than any other OECD nation, they have not received substantial attention from policymakers despite their enormous cost and impact on the market. We argue that competition policy could meaningfully reduce these administrative costs. We first describe how efforts to deploy electronic health records departed from pro-competition principles by failing to understand how healthcare firms would direct business processes exploit

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