I'll give you an answer. There are a lot of ideas that are market oriented. The medical savings account, for example, lowers the cost by some 30 percent when tried by Forbes magazine and Golden Insurance Co. The Steel Case Co. in Michigan did a 5-year effort in preventive care. They lowered their costs by 35 percent. There are many ways to have a free market with free people making free choices because I think the American people are pretty smart.
Newt Gingrich: “I'll give you an answer. There are a lot of ideas that are market oriented. The medical savings account, for example…”
On the recordMarch 16, 1994
Source
govinfo.govEditor's note · Context
Discussing market-oriented ideas in healthcare.
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