This is probably a case where limiting choice to a smallish set of identical (save for price) options[1] that can be compared apples-to-apples would actual <i>improve</i> market efficiency, since the education&#x2F;information imbalance is so huge and unlikely to improve otherwise. It&#x27;d also provide a lot of the same administrative cost-cutting that <i>e.g.</i> single-payer would, since there&#x27;d be (say) a dozen plans to check against (&quot;does this plan cover this procedure, and at what out-of-pocket expense?&quot;) rather than... hundreds? Thousands? Dispute resolution would be easier, too.<p>It&#x27;s what I <i>thought</i> the categories on the Federal exchange were aimed at accomplishing, but it turns out the range of coverage in each category is way too large to be helpful. Two &quot;silver, low-deductible&quot; plans can be almost nothing alike once you dig in to the fine print.<p>If we must keep using something more-or-less like our current system, that&#x27;d be a big help.<p>[1] (EDIT) I mean health insurance plans, specifically