There is no justification for US healthcare costs. There is a culture that requires everyone to have private insurance but there doesn't appear to be legislatio

There is no justification for US healthcare costs. There is a culture that requires everyone to have private insurance but there doesn't appear to be legislation that caps the cost of treatment. In countries like Australia, because the government collects taxes for healthcare and does most of the spending, it caps how much its willing to spend (per doctor visit, or per medication) and the market responds appropriately. The Australian federal government controls the pricing of medication in the community (i.e from a chemist) and Australian states control the pricing of medication within hospitals.