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A market-based approach to healthcare emphasizes competition and consumer choice in the delivery of health services. It advocates for private sector involvement, where providers operate in a competitive environment, potentially leading to improved efficiency and innovation. Proponents argue that such an approach can enhance quality and reduce costs by allowing patients to select providers based on price and quality. Critics, however, often raise concerns about equity and access, particularly for vulnerable populations who may struggle to afford care.

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4mo ago

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