Why is healthcare so expensive mises

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National Security. Agency Insider. Don't miss a brief. Sign up for our daily email. Your Email. Contributors Become a Contributor. In addition, a consumer has to know where to go to get this information. Government-sponsored insurance like Medicaid, Medicare, and Tricare are paid for our your taxes. In addition, we pay exponentially more in our own money for private insurance than in any other country in the world. That is, the overall cost of health care in the United States is exponentially higher than any other so-called developed country.

A major indicator of quality of healthcare, the USA has the second highest maternal mortality rate among high-income countries, and the rate in Texas recently doubled. When pharmaceutical companies charge egregious prices for life-saving drugs, we deplore the companies rather than pointing fingers at a government that allows companies free license to make our health into a commodity, no matter the cost.

Congress — both Democrats and Republicans, represents corporate interests more than the very citizens that elected them.

The wealthiest 10 percent of Americans have more influence over what passes in Congress than the rest of us. Otherwise, prices would not rise dramatically unless the real supply of food was quickly disappearing. How can privatization be blamed for the lack of water when the vast majority of water is not even privatized? In poor countries with private investments in the water sector, more people have access to water than in those without such investments.

To further analyze the unprecedented success of water privatization, there are case studies on countries that have lessened government intervention in water services and allowed for privatization. For example, according to a well-known paper from the University of Chicago Press Journal , from through , water services in Argentina were provided by the federal government. However, in the s, Argentina embarked on one of the largest water privatization campaigns in the world.

According to one paper from Chris Edwards , wasteful leaks have fallen by one-third since privatization in the UK, supply interruptions are down, and the number of customers with low water pressure has plummeted. Drinking water quality has also improved, and pollution has fallen.

In short, water service privatization has increased both efficiency and environmental stewardship. This illustrates how government intervention, not capitalism, has been a sole contributor to lack of food and an adequate water supply. In light of historical evidence from multiple countries, privatization would have prevented many of these issues.