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by lukew3 856 days ago
What's the reason for this? Is this because of extensive regulation due to insurer/hospital lobbying and patient safety laws?
1 comments

Patient and health care regulation, for good reasons, but basically the number of shoulders to spread individual risks across (aka insurance). The latter is much easier when backed, directly or indirectly, by nation state households and budgets. Nothing beats the ability of controlling your own currency.