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> Healthcare industry as we know it today did not exist back then Not true - it always existed (with different costs and treatments of course) and it was rathe
by nickpp 3y ago
> Healthcare industry as we know it today did not exist back then
Not true - it always existed (with different costs and treatments of course) and it was rather developed and affordable in the '50s and beginning of '60s before government intervention started in the earnest.
> Not really or only in a very superficial way and extremely basic way
Why and how? Feel free to expand and provide some examples.
> this is almost entirely an American problem
Not true. Health care and education are quite expensive in all developed countries, including where they are paid from our tax money then offered to us "for free".
> extensive regulation has kept costs relatively low and accessibility at very high levels.
How does that even work? I never heard of a regulation able to lower prices. Price controls only create shortages. Swiss private healthcare is quite expensive, but the competition on their (relatively) free market is keeping the costs from exploding even more.