LogFAQs > #882267488

The government massively drives up the cost of healthcare. To get a pill to market you have to spend billions while jumping through the hoops the FDA sets up. The FDA plays it safe because it looks bad for them if an approved product hurts people. On the other hand, if life saving or life extending medicine is delayed or denied, the thousands of lives lost during the long approval process are less visible.

We also use health insurance for everything and it separates the consumer from the provider, drastically distorting the price. It's like using car insurance for an oil change. There are also a lot of regulations that limit the number of healthcare providers, mandate long and expensive processes, and just overall limit competition.

We need a free market in healthcare, but rolling back entitlements is near impossible. It's easiest to blame the market when the government breaks down market functions. "The government should fix it" is always a simple one size fits all answer.