Earlier quoted context omitted.
If this is a compelling argument against gouvernment intervention, then why does it work so much better in europe where all three sectors are state-owned? The best example is switzerland, where the costs are a fraction of the costs in the U.S ( and which is not a "socialist" country at all).
Healthcare isn’t state owned, or even single payer in Switzerland. Everyone pays for their own insurance. The rate they pay is fixed by the state but all the assets — the insurance companies, the hospitals, the insurance policies — are in private hands. In Germany none of that stuff is state owned, either. This is one of the strangest things about the healthcare debate in the United States: we frequently contrast our…
https://de.wikipedia.org/wiki/Gesetzliche_Krankenversicherun...
and is 100% state-controlled.