The problem with this is that health care is usually not a true free market situation. If you get sick and have to go to the hospital, you generally don't price-shop hospitals and make an informed decision. Sure, you can do that with general check-ups but that's not where the real costs of health care are found... They're found in surgeries and emergency visits, which offer little or no cost-control opportunity for the consumer. An example of this is TIME finding an example of a hospital in Texas charging ~$7,000 for a procedure. The same procedure was ~$90,000 in a California hospital. There is no rhyme or reason to healthcare pricing because in so many cases, hospitals have a monopolistic control over their patients. If you get hit by a car, you don't get to request "hey, take me to that hospital instead of this hospital... their beds are nicer". The EMTs take you to the closest hospital. In many places, there is only one hospital within a reasonable distance. The free market does a good job of managing many costs and keeping things competitive... But when the consumer base has little or no choice in what products and services they use, the private sector takes the opportunity to charge whatever they want. All rhyme or reason goes out the window in favor of pure profit-grabbing.