Once the direct connection impacting the consumer’s wallet is severed, there is nothing that will slow down the price increase engine until it flys apart in pieces.
Well there is, but it is rationing or full government control of healthcare which amounts to about the same thing.
If we did try to fix the medical system disaster by removing government from the equation, the politicians proposing the change would be skinned alive.
We are in the same position that Russia was in trying to shift from socialism to a private economy. It is horribly painful to learn to walk again after 40 years of inactivity. If given a choice, 90% would probably not be willing to sacrifice anything.
Pretty depressing.