In the US, why haven't cheaper healthcare providers sprung up and outcompeted the obscenely expensive ones we all hear about?

i think youre reading way too much into a my answer to the question of "why arent there more doctors in the US" not nearly enough attention to the RCA article. No where did i suggest that this is a reason health care is expensive. I think thats a part of the problem but i was answering a part of OP's question of the lack of providers. There is a lack of providers because we require way more training even for doctors that already have years of experience. We require them to redo their residency just because they didnt receive their training in the United States. There's no reason for that to happen.

I think the RCA post is the most convincing argument for why health care is expensive in the US and you're missing the forest for the trees imo.

/r/AskEconomics Thread Parent