Book Review: Primal Prescription

The Primal Prescription serves two major purposes and is divided accordingly.

First, the authors draw on Murphy’s economic insights to explain and analyze the complete history of health care in the United States and how things have progressed to what we have today, from wage and price controls in World War II to EMTALA under Reagan and the Affordable Care Act (ACA) under Obama. They break down the effects of various laws, and spend several chapters showing how the ACA “works.”  Additionally, they show the process of new drug approval and the relationships between what has notoriously become known as “Big Pharma” and the FDA. And here’s a shocker. For everyone who says, “the free market is broken in health care,” you’ll find that it’s not so much the free market, but rather intervention and “tweaking” over the last century that have, in their attempt to “correct” for various problems and perceived problems, caused many unintended “side-effects” in the health care and health insurance markets that needed further and further intervention and tweaking.

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