Getting the govt out of the middle of all healthcare would force a new fiscal reality on the industry. Suddenly prices would drop and service would increase...because the market would demand it. Right now there is zero incentive for cost control or improved service.
I have an acquaintance who invents medical devices. There is nothing really breakthrough about them, but because they are medical devices he can charge ridiculous money for them and do quite well for himself even though he has a very limited customer base. He lives in an awesome house in Carlsbad, Ca.
It’s cool that he did that, but it really should not pay that well. It’s because of all the regulations that apply to the equipment that what should sell for $1,000 actually sells for $30,000 - $300,000, depending on the customer and how tightly they have to manage their budget.