This works if there are multiple insurance companies competing for business, which would require everyone to be forced to healthcare.gov so there is a simple marketplace with sufficient number of insurance customers so that bad actors have competition.

And from my experience, the best healthcare is provided by Kaiser Permanente, which offers health insurance and healthcare under one company.

Pricing in medicine is jacked up because of low supply of workers (the grunt work is undesireable and doctors take a long time to license as well as residency funding restrictions), and infinite liability and legal costs that have to be priced in. On top of that, medicine is very complex, so you have to pay two or more very highly qualified people to double and triple check things.

Also, healthcare cost increases have slowed drastically since introduction of ACA:

https://www.healthsystemtracker.org/chart-collection/u-s-spe...

> Health spending growth has slowed, and is now more on pace with economic growth