So how can you “afford” it? Well, the best way over the long term is to create a dynamic market that drives the cost of new procedures and drugs down. That happens. What people don’t like is that they don’t all have access to the top of the line, new treatments and drugs without paying a fortune. But the paradox is that if you remove the profit incentive to creating new drugs, progress will stop. Everyone will be able to afford the current treatments but nothing new will be produced and medical technology and procedures will stagnate. If we put universal healthcare in place in the 1950s, our medical technology and medicines would probably have advanced to the point where they were in the 1970s at this point.
Well said.