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What's artificially low is the number of residency slots. In other words, it's not just that you have to clear a bar to be a surgeon. It's that there are litera

What's artificially low is the number of residency slots. In other words, it's not just that you have to clear a bar to be a surgeon. It's that there are literally X number of slots and if you don't get one of them, you're out, regardless of whether you would qualify. I'd say it's an artificial constraint since there are far more people trying to get into med school (not a specific school... med school generally) than there are slots. With law, for example, you have to go to law school and pass a test, but if you do, you are in. There's a lot of law schools out there, to the point where a large percentage of people graduating don't get good jobs. The same isn't true for medical residency graduates.

imtringued 6y ago
The idea behind having a privatized healthcare system is that, yes you are massively overcharging for life saving procedures, but that money will then be spent on training more surgeons to lower the price in the future. The end result is an expensive system with superior outcomes. >It's that there are literally X number of slots This is fundamentally incompatible with the idea of a privatized healthcare system. It simply cannot be functional this way. I hope Americans will wake up and realize that this sort of welfare should not exist. It's always sad when I see Americans brag about their highly efficient free market systems when they fail the basic requirements needed for a free market to actually work. Yes it can work and yes you'd be allowed to brag but as it is you haven't figured out how to make it work yet.