This question is answered in 1978! It was answered by the finest economist of the 20th century; Milton Friedman.
His 9 minute message to the Mayo Clinic was as clear as it was prophetic.
We must repeal and replace The UN-affordable Health Care Act with a free market system and allow competition, lowering costs, increasing care quality, and offering the patient freedom to chose health care plans. No one should be forced to buy something they do not want or believe in, nor should they be forced to pay for benefits they will never receive. This can return the employer of our physician from the state and/or insurance company back to the patient.
This action allows the healthcare and insurance industries to grow without government manipulation or control providing investors with stock prices that are not manipulated. More competition on an equal playing field delivers better quality care at a lower cost. Competition works, control does not.
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Livio S. Nespoli has been a broker, registered investment advisor, and financial publisher since 1985.