Lol The US hardly has private healthcare. It's the most regulated industry second only to the financial industry. And the government uses it's control of currency and healthcare spending to dictate a lot of things we do in healthcare (I work in healthcare). We have to do all sorts of goofy shit because of government. On top of that, competition is stifled by things like Certificate of Need laws that prevent competitors from coming into a given region. This leads to very few providers being able to essentially do whatever they want. And insurance (financial industry, the most regulated) is pretty well controlled by government to the point that we can't really innovate there either.