In the US healthcare is regulated to be a monopoly. For example, a children's hospital chain wanted to expand to my city. They had to get permission from their

In the US healthcare is regulated to be a monopoly. For example, a children's hospital chain wanted to expand to my city. They had to get permission from their local competition to open the hospital. As part of their terms, they had to limit their provided services for 5 years (no level 1 trauma care). Then you have organizations like the AMA who have a monopoly control over how many doctors can be created. There were lawsuits in the past because they would not let medical schools open. This reduced supply and kept wages sky high.