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Care Quote by Josh Shapiro

“Across the country, we've seen what happens when competition in health care is inhibited: Hospitals close and prices skyrocket.” quote by Josh Shapiro
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“Across the country, we've seen what happens when competition in health care is inhibited: Hospitals close and prices skyrocket.”

Josh Shapiro

About This Quote

Source Speech: Health Care Competition Panel, 2023

When competition is restricted, hospitals shut down and prices rise, harming consumers.

In simple terms: Limited competition harms hospitals and raises costs.

Key Takeaway

Promote competition to lower prices.

Themes

healthcare competition economics

Mood

concerned analytical

Type

policy analytical

When to use this quote

  • legislative reform
  • hospital management
  • patient advocacy

Key Concepts

public policy economics

Questions to Reflect On

  • How can competition be balanced with quality care?
  • What safeguards protect patients when markets are open?
A Different Perspective

Regulation may be needed to prevent market failures.

2.8 out of 5 (10 ratings)

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