This is a trope among populists: pass legislation around <thing>, observe consequences of doing so, blame the "free market", repeat.
A look at how European governments negotiate with pharma companies helps explain why Americans pay more for prescription drugs.
https://news.stanford.edu/stories/2024/11/what-other-countri...
You could just say "Americans need to vote better and cleanup their laws around this" and yes, that would be ideal, but I don't see that happening anytime soon. It's part of why some want the government to not involve themselves at all: no matter how good the politicians you elect, others can come into office and fuck it all up while everyone is forced to deal with it because they have the monopoly on violence. Not to mention the glacial pace at which our legislative bodies move.
Healthcare, like real estate, is a dysfunctional marketplace lacking real competition
Because US voters are dumb. (Just for context, I'm a US citizen).
Free markets don't work when there is inelastic demand for a good or service, and an awful lot of health care (unless you consider 'well, guess I'll just die then' as a reasonable outcome) is inelastic demand.