"I'll try ̶s̶p̶i̶n̶n̶i̶n̶g̶ printing more money, that's a good trick!"
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I think the price of healthcare in the US is messed up in a similar convoluted way as university tuition. In both cases, something the state did ruined things. Considering that, perhaps further state encroachment would have counterproductive results.
But is there any place where it actually works fine then? Everywhere else the state does more, not less.
State healthcare generally sucks in all countries, although in different ways. Whatever the USA's health insurance details are, it has made healthcare prices skyrocket with time. Other countries may not have made those decisions, but they may have less capacity, longer waiting lines, or less modern implements.
The key is how things are done. In the USA, student loans you can't bankruptcy out of and federal funding have made it so Universities increase tuitions beyond the value of the education offered. Health insurance stuff have increased healthcare prices so that a sore throat drop that costs pennies is billed for $10. Tax law is maddening in its complexity.
The USA's decision-making is polluted with lobbying and special interests. If the USA can't meddle in an industry without worsening things, perhaps sweeping overarching federal programs are a terrible idea. The state simply won't be able to not make a clusterfuck of it.
But that is true everywhere. It's not as if in Europe, decisions are made based on what's best for the people. The very idea is laughable to me.
Lobbying is illegal in some countries.