Hospital lobbies defend protectionist policies—like Certificate of Need laws and ACA Section 6001—by arguing they need to cross-subsidize unprofitable services to survive. But does keeping competitors out actually justify a broken system? In this episode, Jared Rhoads and Reinier Schuur unpack the economics of cross-subsidization, why traditional hospitals view competition as a threat, and what it would take to build a genuinely open hospital market.

Check out Jared Rhoads' article on cross-subsidization here.

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