>It is depressing that so many regard US healthcare as a market failure when the reality is that regulation has done so much to hurt people.
unfortunately there is not enough regulation of the real kind - the insurance companies have been exempted from anti-trust law. Thus, because of missing regulation, there is no free competitive market of insurance in the US and thus it isn't a market failure.
unfortunately there is not enough regulation of the real kind - the insurance companies have been exempted from anti-trust law. Thus, because of missing regulation, there is no free competitive market of insurance in the US and thus it isn't a market failure.