Over at Mises.org they have a very good and thorough explanation of the economics of health care, written by an M.D. It includes a breakdown of costs, a description of Medicare liabilities, an explanation of why health “insurance” is not really insurance, and the fallacies of socializing all costs. Here’s a snippet on licensure and regulation:
Regulatory burdens plague American business in general and US healthcare in particular. There are so many regulations that no provider can possibly be aware of them all. Lawyers and consultants must be hired to advise what the law actually means. The complicated nature of the regulatory environment is intentional. When the law is so complicated that nobody understands its boundaries, then government agencies can terrorize every provider about compliance with the law.