I wish more people understood the limitations of markets (just as I wish more people understood the power of markets). Markets only work well with with price/quality transparency, enough competition, substitutability... everything that healthcare in America lacks.
> What Singapore shows is that unusual fusions of conservative and liberal ideas in health care really are possible. Singapore is a place where the government acts to keep costs low and then uses those low costs to make a market-driven insurance system possible.
As far as market mechanics in healthcare, Singapore has the closest thing to market mechanics in healthcare (albeit heavily subsidized and regulated): https://www.vox.com/policy-and-politics/2017/4/25/15356118/s...
> What Singapore shows is that unusual fusions of conservative and liberal ideas in health care really are possible. Singapore is a place where the government acts to keep costs low and then uses those low costs to make a market-driven insurance system possible.