I think this is wrong on many levels. His diagnosis is market failure and he seeks to cure it with....introducing more market failure. He is correct that corporations have undue influence in commercialized medicine...which is a direct result of too much government intervention, not too little. The incentives of government means that politically controlled institutions will inevitably be captured by special and business interests. This is true for ALL major government programs and it's particularly bad in healthcare, pharma, etc. The problem he is identifying is not one of market failure...it's government induced market failure. MORE transparancy and competition would offer considerable, albeit imperfect, progress.
Update: Here is an interesting article. But, of course, how dare we allow a company like Walmart deliver healthcare! They don't have the best interest of consumers in mind; they're only after profits! The fact that they will provide low-cost, competitive services...well, that's just a coincidence. People lining up in droves to get medical services?? I'm sure those people don't know what's best for themselves.
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