How does third-party payment distort the market for health care?

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September 29, 2021
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How does third-party payment distort the market for health care?

How does third-party payment distort the market for health care?
Discussion Topic: Third-party Payment

How does third-party payment distort the market for health care? If it is so distorted why does every wealthy country insist on using third-party intermediaries to purchase health care? Why do we carve out a separate payment program for our elder citizens?