[t0mpr1c3]

Healthcare insurance markets are fundamentally broken due to information asymmetry. The situation is aggravated in the USA by vertical consolidation among providers and regulatory failures. (https://www.nber.org/papers/w34928)

[lovich]

It’s also a pretty inelastic good(most people don’t want to die or be sick ever) and decisions can be made without your consent if you are unconscious, sometimes even when you are conscious but it’s been decided that you aren’t competent at the moment.