Why American Healthcare Costs So Much: Government Created Monopoly

As many people question why American healthcare costs so much, the answer I provide in detail explains the government created monopoly. Countless people who support the NHS will turn to the United States main healthcare market and say:Show more

_"look at their healthcare costs, go live there if you wish to experience private healthcare."_

This is a gross misunderstanding for why American healthcare costs are expensive, it doesn't look at the bigger picture, they merely state that it's a _"for-profit"_ system and then claim it's because there is a private sector. It's disingenuous and a clear misunderstanding of economics and prices. The reason costs drive up is due to restricting the market via government intervention.

As I explain in this video on why American healthcare costs so much, I explain the AMA monopoly, over-regulation of the private sector, and the third party-payer system. I will also be covering a video separately addressing the solution on Direct Primary Care, the free market model of healthcare.

The point of this argument is to make it clear for not only why American healthcare costs are expensive, but also to address the point that the main healthcare market in the United States is NOT free market. I've lost count of how many people attempt to point to American healthcare costs and erroneously claim this is somehow some sort of example of capitalism in healthcare, nothing could be farther from the truth.

The main American healthcare market is anti-competitive, it destroyed competition, monopolised the healthcare market through a government created monopoly that was engineered to shaft the consumer and create an age of dependency.

This argument also makes clear the point that the solution is NOT universal healthcare, therefore, it isn't about crying out for more government, the solution is getting rid of government from healthcare.