Why U.S. Healthcare is So Expensive

A conservative (free markets and such) friend and I were having a private conversation about healthcare when he asked why there was so much waste in our healthcare system, i.e. why was the cost of actual care so low compared to how much we spend.

Here’s my answer, edited for clarity:

He then goes on to say that he doesn’t agree with people being told what to do, in virtually any form. My response to that was:

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