I can certainly see where the private medical care sector is anything but cost conscious. Lawyers force doctors and medical facilities to own and use expensive medical tests to the max. If you have a broken arm, you are forced to go to hospitals that are equally equipped to remove brain tumors as treat your broken arm... but both treatments pay the same hospital high overhead. I support "no fault" medical treatment - even doctors make mistakes.
The problem is trying to regulate the health care systems on a State level, so medical facilities have incentives to save money. If someone were to regulate without outsider influence, I am sure hospital bills could be cut significantly.
the medicine biz has little incentive to control costs and at.this point where they are rather interconnected in ownership quite a lot of disincentive.
knocking down costs takes money out of their pockets and you can guess how well that would sit.
so hobo, youve been around the block, do you recall the state.of the medical biz prior to medicare ? how about wage controls ? if you want the genesis of what we have todsy, there it is.