Local author promotes market-based health care reform

July 22, 2009 5:43 PM

The nation should be looking for market-based solutions to health care reform instead of increased government control, a Colorado Springs-based author and founder of one of the nation’s first health maintenance organizations said Wednesday.

“The health insurance system we have today is not quite flat-lined, but is headed in that direction,” said Steve Hyde, author of “Cured: The Insider’s Handbook for Health Care Reform” and founder of Peak Health Care Inc. “The government has intervened in the health insurance market and made it impossible for it to function. We have dozens of programs and regulations to solve the symptoms and effects of market failure, but haven’t dealt with the causes.”

Hyde called the Affordable Health Choices Act now being debated by Congress “the most egregious health care bill introduced in 40 years” and predicted it would drive the health insurance industry out of business and doctors and hospitals into bankruptcy. He instead advocated to get employers and the federal government “out of the health care business” to allow consumers to buy their own health care coverage in a competitive regulated market.

Employers should give…

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