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It's not difficult to figure out what happens to a marketplace when you remove the competition with government mandate. America's health care system has been hy

• quatrevingts 15y ago
  Of course, all of the countries with good health care have more regulation, not less. (Yes, even in Switzerland.) Do you know of any countries with minimal health care regulations and good outcomes? I suspect they don't exist, because the preconditions of a functioning free market do not exist for health care consumption (rational consumers, symmetry of information, consumer choice, etc.)
  • yummyfajitas 15y ago
    Of course, all of the countries with good health care have more regulation, not less. All you've identified is that rich nations have good health care regardless of how much regulation they have. This is hardly surprising - the evidence suggests that once health care exceeds a certain minimum level, it has little effect on health outcomes. Incidentally, the Indian health care system is excellent and less regulated than the US one. I'm very lucky that I blew out my back in over here rather than in the US. I didn't come over here as a medical tourist (my startup is in Pune), but I strongly recommend that more people consider it. Granted, the vast majority of people here are too poor to use the health care system effectively, but that's not the fault of the system.