Health care policies in Texas are hurting the state’s business-friendly reputation

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Health care policies in Texas are hurting the state’s business-friendly reputation | Opinion

Pro-business talk is too often, as we say here, “all hat and no cattle,” when our lawmakers craft health care policies, writes Mia McCord.Texas is a well-known destination for businesses and entrepreneurs looking for low taxes, economic freedom and a stable regulatory environment.

However, when it comes to how our lawmakers craft health care policies, that pro-business talk is too often, as we say here, “all hat and no cattle.” In fact, rising health care prices — and the bad policies that have contributed to those prices — are the biggest threat to our sustained growth and prosperity and are quickly turning our “business-friendly” reputation into more of a myth than a reality.

At $15.3 billion per year, Texans already spend more than any other state on prescription drugs, according to theIn the last 10 years, the Health Cost Institute reports that our Emergency Room prices have increased by 83%, making Texas ERs the most expensive in the nation. Texas’ out-of-control health care prices are borne by families and businesses and are a crisis for both.

Individual patients are dealing with higher prices that sometimes venture into the obscene. It is not hard to find health care horror stories in Texas: See the family billed

 

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