Healthcare is cheaper all around the world because it's intensely regulated by the government. "Market forces" are great when you can have failure. You can't have failure with something that's keeping you from dying.
The petroleum industry lobbies for subsidies and receives them, since it's an incredibly good return on their investment.
Healthcare is "cheaper" in many places than the US because other countries regulate healthcare more effectively than the US does. The US government spends more per capita on health care than most nations, including the UK and Canada.
> "Market forces" are great when you can have failure. You can't have failure with something that's keeping you from dying.
Surely you recognize that governments can fail in their regulation of health care. For example, there is no shortage of cases where the FDA certainly caused many deaths and a lot of suffering by banning or slowing down the introduction of numerous drugs.
>For example, there is no shortage of cases where the FDA certainly caused many deaths and a lot of suffering by banning or slowing down the introduction of numerous drugs.
You can't safely introduce drugs without doing controlled studies.
The petroleum industry lobbies for subsidies and receives them, since it's an incredibly good return on their investment.