If you lined up all the words contained in US law, the median word would be health care related, that has to matter for something. Also AMA enforced under suppl

If you lined up all the words contained in US law, the median word would be health care related, that has to matter for something. Also AMA enforced under supply of specialists. Also direct and indirect costs of health care liability. Also requiring hospitals to serve the ER without regard to ability to pay. Also low reimbursement rates for medicare, lower for medicaid. Also third party payment system that makes consumers price insensitive. Also huge overhead to third party payment system. Also enormously expensive FDA approval process recovered through drug costs. Also service business in a high wage country. Any others for the list? I don't mean to be totally negative, we get a lot of good things out of all that inefficiency, but it doesn't surprise me that quality can be higher and costs an order of magnitude lower under a different regulator regime.