It is tough to compare a healthcare "market" to any other market. Fundamentally, healthcare is a good that <i>nobody will voluntarily want,</i> but that <i>everyone is going to need</i> at some point. Furthermore, it does not lend itself for easy consumer evaluation. Imagine if doctors were reviewed on Yelp, and you saw a review that said, "My sister had cancer and this doctor performed the surgery to remove her tumor. Six months later, she died. One star." Did the doctor botch the surgery? Did the doctor actually perform a miraculous operation, giving someone on death's door and full six months of life? And is this something you really feel equipped to compare like whether you want the double cheeseburger at McDonalds or Wendy's?<p>We could also get into the further perverse incentives specific to the US healthcare system, but I've yet to see a fundamental argument about how efficient market forces can work Adam Smith's magic on healthcare.