Because prices aren't arbitrary numbers slapped on to products and services that can be managed by diktat. It's like trying to control the temperature by limiting how high thermostats can go.
All 50 US states have generic substitution laws, and 89% of all prescriptions are of generics.
It's not like our prison costs more because our cultural values require us to treat the prisoners substantially better than countries Canada.
There is demand for reform but there's almost an equal demand for status quo.
Cutting financial fees is one thing. Healthcare is a capital AND labor intensive industry. Cutting fees carelessly could cause massive layoffs, disrupted services and a lot of trickle down effects. The system has evolved to this point and while it's certainly due for disruption, it's not as simple as capping prices.
big difference
Because of lobbying
> Why does the US government not respond by putting a cap on prices for hospital treatments?
Because that's _socialism_, and it means the Communists have won
I don't think anyone is really saying that except for the most extreme neoliberals.
Definitely, the American system is a dumpster fire.
Denmark's isn't terrific, either, though. I remember having to call in a favor of my girlfriend's uncle (a doctor) to get a simple doctor appointment that wasn't 4 months out.
Certainly the government does have the people more in mind when making laws - that's not the case in the US. Our government cannot be trusted to have our interests at heart, unfortunately. Pushing for more regulation usually means helping the businesses and not the citizens.
Private health care is cheap and great throughout Europe. You can get an appointment quickly, have doctors that spend time with you, and spend a lot less than you would in the US. The private doctors here in Europe also tend to be better at their job - they've self selected.
The best medical care I've experienced, though, was in south east asia. Most of those countries have a pretty free market. You can even see ads in Bangkok for the price of a baby delivery - front and center on billboards even! Truly a capitalistic health care system.
I've described my own experience with SEA care here:
https://news.ycombinator.com/item?id=15904413
The point is that health care is broken around the world but certain places need different solutions to make it less broken.
America already spends enough public money to afford public health care for everyone but we don't end up with any quality of care for that money.
America is unable to follow Europe on this one even though most european systems would be better.
Why doesn't lack of free market trigger a demand for reform of the sectors but only hand-waving excuses/acceptance?
When credit card companies in Europe started to price gouge with high fees the EU responded by putting a cap on fees. Why does the US government not respond by putting a cap on prices for hospital treatments?
In Denmark when the doctor sends you to the drug store with a prescription for e.g. pain medication, the drug store is required by law to tell you about cheaper alternatives (with the same active ingredient) even if they do not stock the cheap alternative. We simply do not accept being locked into a corner by medical companies. https://min.medicin.dk/Generelt/Nyheder/50