What do we want? Regulation or a free market?
Regarding the article “Quality suffers, costs rise as hospital systems consolidate” (April 17, p. 11), this is all very complex, but in the end, circular logic. We now want regulation of the free market to protect consumers from the consolidation of the provider infrastructure. But the impetus for consolidation was the forces of competition and the free market itself. So what do we really want: a free market, which this study indicates is leading to higher costs and lower quality, or a regulated market, such as a “Medicare for all” single payer?
Ted Almon Chairman, Claflin Co. Warwick, R.I.