In this second edition of their 2005 work, the authors offer
market-based alternatives to recent health care reforms that center on
tax changes, insurance market changes, and the redesign of Medicare and
Medicaid. They show that, by promoting cost- conscious behavior and
competition in both private markets and government programs such as
Medicare and Medicaid, we can slow the rate of growth of health care
costs, expand access to high-quality health care, and slow down runaway
spending.