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Why do Americans overpay for health care?

To understand why Americans pay twice as much for health care as people in other wealthy nations, imagine that you’re shopping for a car. Most of us know cars, and there’s plenty of information on quality and price. Since you’re paying for it, you’ll bargain for the best price you can get. If Ford won’t give you a good deal, you’ll talk to Chevy. Competition keeps quality up and costs under control. That’s free market economics. It doesn’t work in health care. http://www.stltoday.com/business/columns/jim-gallagher/why-do-americans-overpay-for-health-care/article_0a37b404-d420-52f1-9361-81c4ab7c24ce.html

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