And the system worked well, at least for the insured. Drug companies spent vast amounts in support of medical research because it would lead to a lucrative market for them. Doctors and scientists made brilliant discoveries and lucrative careers. Very much a win-win.
Then, I suppose, the question arose: "What about the poor who have no insurance"..??
And even they were covered, paid for by government programs designed to cover the destitute and paid for by the taxpayers.
Now we have this......
Was that back in the day when life expectancy was about 60 years old and polio was still a problem?