Ask your friends and your son who decides how many medical residenceis should be established.
The number of medical residencies is limited and determined by Medical Board (i.e. Doctors) that means they can always reduce number of training facilities in order to preserve their salaries.
That have happened around 1996 when they made massive cut in medical training so now we are paying the price.

Are you saying that medical students can not find a medical residency when the time comes and therefor can not become a doctor? I find this hard to believe.

Yep, they all find residencies BUT, number of residencies is still limited. That means there is no open market for doctors. It is called monopoly. Do you know what happens with prices when monopoly rules. Prices only go up.
As a result our economy fails because companies can't pay extraorbitant prices for the insurances.

In order to fix the problem everyone who graduate from medical school and pass exams (including foreign doctors) should utomatically get a medical residency. I that case competition and market will bring prices down.

Same is true for pharmaceutical industry, government through numerous regulations block competition so prices are artificially high.

This makes no sense; if 100% of the med students get a residency then you say that the number is limited by what? The number of available med students? Hospitals have to be staffed at 100% so of course if all of the med students get residencies then it would be foolish to have unfilled positions.

I know all about monopolies I was in the food business when Clinton was President. When he took all the rules off business you should have seen the big boys buy up all the retail grocery shelf space and destroy hundreds of smaller companies by denying them of shelf space.

Foreign doctors have to pass testing to meet US standards before they can practice in the US, I don’t want someone educated in the Congo operating on me.

Drugs are expensive because they are expensive to create and it’s very expensive to pass the FDA approval requirements.

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Originally Posted by Inferno You just don't relate to my sense of humor. How about this. Gosh darn funny man living in a whale. doncha know that gawd could do that I betcha he could. wink wink.

Well, I respect your opinion. However my job as a truth seeker is to point out to the obvious disbalance in the market. If you disagree with a principles of capitalism, market and economy that is fine, but then why you are asking question about expensive health care.

Expensive is always mean inefficiency in the market, in case of health care it is an absence of the market.

If you do not want that doctor from Congo you have to pay high price as well as to observe failure of big companies and enjoy shipping job overseas etc. etc.

Not all foreign graduates who pass exams get residency, because number of residencies artificially limited by the doctors.

Also doctors in U.S. have created a unique system that prevent many people from entering a field of medicine. Twelve years in medical schools and prohibitive cost of medical education are not justified by anything. It is just another block to preserve doctor's salaries.

As you know health care is so expensive that even rich people can't pay for their medical services, so here we have so called insurances. Insurances add aproximately 40% to the cost of medical services.

American companies can't compete, country is bankrupt, doctors are killing themselves because they work longer hours and ordinary people are dying due to delayed diagnoisis.