1992, p. 204). The reason most economists are skeptical about price controls is that they distort the allocation of resources. To paraphrase a remark by Milton Friedman, economists may not know much, but they do know how to produce a shortage or surplus.
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If you are enrolled in Medicare Part B, physical therapy is covered with the cap listed in the above article. If you are interested in enrolling in a Medigap or a Medicare Advantage plan to help lower your out of pocket costs, call one of our Senior65 licensed independent insurance agents at 800-930-7956.