Kenneth A. Fisher (MD)

HomeAuthorKenneth A. Fisher (MD), Author at

Dr. Fisher graduated from Tufts University in 1962 majoring in chemical engineering, and with distinction from George Washington University School of Medicine in 1968 having been elected to the Alpha Omega Alpha honor medical society in his third year. He was a resident, and then chief resident in Internal Medicine at the Mount Sinai Hospital in New York City, and a fellow in Kidney Diseases at Yale University, finishing training in 1974. He was employed at a number of teaching medical centers throughout his career. He has been an insulin-requiring diabetic since 1963. Dr. Fisher has been the program director for two internal medicine residencies and two nephrology fellowships and has published several scientific papers on nephrology along with many articles and a chapter regarding health policy. Dr. Fisher was also a consultant nephrologist in Kalamazoo, Michigan and the Medical Director for the Free Clinic in Kalamazoo from 2007 till its closing in 2010. He is the author of In Defiance of Death: Exposing the Real Costs of End-of-Life Care, Praeger, Westport, Connecticut, 2008 (amazon.com/author/kennethafishermd), and The Ten Questions Walter Cronkite Would Have Asked About Health Care Reform, (2011) a free e-book available at: http://drkennethfisher.com/The10Questions.pdf along with this book, Understanding Healthcare: A Historical Perspective available: freedominhealthcare.org.
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A frequently heard refrain from many “experts” is that in healthcare, markets unlike in other commodities do not work. This concept was given credence by a 1963 article written by the Nobel Prize winning economist Kenneth Arrow.[i] Professor Arrow’s five points were: 1) unpredictability – frequently our need for healthcare is unexpected and urgent 2) barriers to entry – one cannot just put up a sign and practice medicine; it takes years of education and...

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Excerpted (pp. 126-128) from, Understanding Healthcare: A Historical Perspective, by Kenneth A. Fisher, M.D.  (www.freedominhealthcare.org) Proving that markets do work in healthcare in this country is the spectacular growth of health savings accounts along with high deductible insurance. With these accounts patients use tax-free dollars for their routine healthcare needs as they shop for the best value, using their insurance only for big-ticket items. Instead for a vast majority of Americans with our present price-...

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