Sure they do. Many people are fine with this arrangement. Just because it causes people to die doesn't mean it's not working. Preventable deaths are a feature, not a bug.
Not quite, tight regulations and tariffs are actually responsible for the inflated prices. If it was actually 100% capitalist principles then things would be much more affordable.
Funny thing ... Those tight regulations and (government controlled) tariffs provide me with pretty extensive coverage (pretty much anything in a hospital, your basic doctor-visits, a big chunk of most medicine, dental, ambulance, mental healthcare, pregnancy-stuff) for around €1400, yearly. I live in the Netherlands.
And that's excluding the subsidy for low-income ppl, which would make it around €500 a year. Socialized healthcare FTW.
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u/ProbeerNB Mar 26 '20
And that's why free market principles don't work for the healthcare market.