You are one of the biggest fucking idiots on this board.
We do not have private health care. The health care industry is one of the most heavily regulated industries in the economy. The government loves to place wedges between the doctor and the patients. There is something fundamentally wrong when people rely on insurance for a routine check-up.
As for the pharmaceutical companies, they have a government granted monopoly in which they are free from competition. Additionally, American consumers cannot buy cheaper drugs elsewhere.
However, righties hate the free market. They rather practice corporatism. No wonder they go after Obamacare while refusing to go after their Medicare Part D subscription which will cost us a trillion dollars.
As for "Obamacare". It is basically a re-hashed Republican proposal from the early 90's.
I see you are making a name for yourself here. FOOL.
Just because a market is regulated does not make it not private.
Every company that produces something new has a gov't granted monopoly. How do you think Microsoft made its money? Or Apple? Or Intel?
Part D is the only part of Medicare that has come in under budget.
When you regulated the market, you pick winners and losers. I don't know why Republicans like to use the government to pick the winners and losers, but they do. With the health care industry being heavily regulated as it is, there are plenty of "private" winners and plenty of losers - namely the people. (i.e. the consumer).
When you say "private", you are saying that is it "private" by decree of law rather than free market principles.
A patent is a government granted monopoly. It is the government picking the winners and losers again. Through government granted privileges, pharmaceutical companies have one of the highest profit margins. There R&D expenses are relatively low and are dwarfed by marketing and administration, and smaller even than profits. Who loses? The consumer.
Why did Part D come under budget? Enrollment forecasts were under 16% and forecasts on drug spending were come under too. Drug spending did not increase as fast in the 2000's as it did in the 1990's thanks to generic drugs. However, that still doesn't excuse it as a costly Leviathan combined with a hand to big Pharma that "free market" Republicans implemented. Go ahead and herald your plan as "efficient", but your forecast were way off.