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What stops it? Umm could be America doesn't have a free market.. America has a govt subsidized and regulated in favor of big business market that is called "free" with the regulations written by the corporate lobbyists in their favor and not for the actual people's.
Simply put the hospitals don't have to give you a price chart as to what they charge ahead of time. They get away with calling their prices a trade secret so they have no ability to shop around as in a true free market. Due to this the hospitals are able to charge insane costs but then work deals with each insurance company separately but not with individuals whom don't have insurance. This creates a fake need for insurance because the prices are greatly inflated if you have none.
It's a giant scam..
The pharma companies are able to charge anything they can get away with because there is no regulation on their pricing. Once again they work deals with the insurance companies but royally ass rape the un insured, meaning there isn't a set price that anyone can pay you need insurance or you pay 3 times as much or more.
Essentially because there is a lack of govt regulation on prices for the consumers, it's created a fake market place where insurance is required.
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