3.1.1: Price Advertising
Allow price advertising. Other Information:
Let pharmacies, doctors, hospitals, and laboratories to publish their prices for goods and services. Eliminate all laws, regulations,
and government provisions that hinder or prevent medical providers from posting their prices. Charges for the same medical
procedure can vary 30% to 300% within a 100-mile radius. But without price information, patients can't shop for the best value.
In the 1970's, U.C.L.A. Economist Sam Peltzman compared the costs of eyeglasses in states that allowed price advertising and
states that outlawed it. Results? Much lower prices in states that allowed price advertising.
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