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by VancouverMan 662 days ago
Problems like the need for health insurance, and the high cost of health care in general, have only arisen in the first place because unnecessary government-imposed regulation and government-imposed overhead have wiped out nearly all real competition in the health care sector, and introduced numerous other inefficiencies along the way.

Artificially limiting the ability of new participants to enter the market on the supply side, for example, creates an artificially-oligopolistic environment without the natural competitive pressures that force pricing down.

Even worse, this in turn results in an environment that attracts people and organizations who want to exploit these government-created inefficiencies for personal profit, rather than attracting people and organizations who want to provide higher-quality and lower-cost service than their competitors.

The end result of this government intervention is artificially-high costs for abysmal service.

The situation only gets worse when government tries to intervene with even more "solutions" for the problems that government itself created in the first place.