By Robert Nelson, MD The assumptions on which our modern era healthcare third-party payer systems are based, including Medicaid/Medicare, ignore the economic disincentives that plague its continued use. It creates a wide-spread Public Choice Theory dilemma on the demand side and way too much rent seeking behavior on the supply side. The result being an ever-increasing cost curve. Public spending for healthcare flooded the market … Continue reading DPC Journal SPOTLIGHT on Dr. Robert Nelson, MD and “THE SOVEREIGN PATIENT” Blog: Deconstructing Insurance Coverage Myths in Healthcare is Fundamental to Controlling Costs.