[unclepresent]

Price of healthcare is driven by a luck of supply (medical professionals, hospitals, affordable drugs) and supply is limited by regulation (expensive and ridiculously long educational process for physicians, huge liability and regulatory burden for practitioners and hospitals, very long and expensive approval process for moving a new drug through FDA, plus again liability cost) .

Regulation in turn is driven by lobbying efforts of large professional groups (trial lawyers, AMA, large pharma etc).

In another word it is a corrupted system that manages stay afloat as people in power legally able to get their cut through lobbying.