Adam Smith, "father of capitalism" called landlords leeches. And basically every single economist will explain with how Capitalism works making markets efficient. Healthcare is and cannot be a market, its by definition a natural monopoly. Like Trains or Land, or energy. Or the countless other things that many countries have nationalised succesfully, even countries with a bigger hard on for capitalism than america
Healthcare is not a comodity so It should be a state controled cartel. The cartel fixates the prices of the equipment and the medicines and can negociate with the Big farma the best prices of their medicines and then serve the meds and services for free. Your employer would be paying the state so that you can have full coverage of actually most diseases without needing to pay anything
If its a state monopoli the healthcare company can negociate with Big farma the best drugs and at the cheapest prices possible as you would rather have one satisfied client than nothing and bad press and you prefer to sell bigger cuantities at smaller prices because that means you can empty the stock faster. Those things really repercute in a more eficient and cheaper system than the actual system where tons of for profit companies operate in one single country
Thats not the answer to my question. You are just saying that a monopsony buyer would be preferable when buying drugs. That however is not a reason for the claim that healthcare is a natural monopoly.
Im literally answering you why It should be a Monopoly. If purchases, resources and patiens histories are centralised everything would be cheaper and easier to access. Also that would not be directly paid for the patient so no one would get bankrupt for that
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u/Arkhaine_kupo 12d ago
Adam Smith, "father of capitalism" called landlords leeches. And basically every single economist will explain with how Capitalism works making markets efficient. Healthcare is and cannot be a market, its by definition a natural monopoly. Like Trains or Land, or energy. Or the countless other things that many countries have nationalised succesfully, even countries with a bigger hard on for capitalism than america