Free-market healthcare

Healthcare market not controlled by government

In a system of free-market healthcare, prices for healthcare products and services are set freely by agreement between patients and health care providers, which are subject to the laws and forces of supply and demand and free from any intervention by a government, price-setting monopoly, or other outside authority. A free market contrasts with a controlled market, in which government intervenes in supply and demand through non-market methods such as regulations and laws by creating barriers or incentives to market entry or through directly setting prices.

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