system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: Why doesn't the United States just lower the cost of medical treatment to the price the rest of the world pays instead of focusing so much on insurance?

Wouldn't that solve so many more problems?

Edit: I get that technical answer is political corruption and companies trying to make a profit. Still, some reform on the cost level instead of the insurance level seems like it would make more sense if the benefit of the people is considered instead of the benefit of the companies.

Really great points on the high cost of medication here (research being subsidized, basically) so that makes sense.

To all the people throwing around the word "unconstitutional," no. Setting price caps on things so that companies make less money would not be "unconstitutional."
gpt
Private industry/the market sets the prices and thus can't be controlled by government.  It's a question for doctors, insurers, hospital owners, pharmaceutical companies etc.  Not the government.  That's what happens with a market driven medical sector.

You might as well ask why the government doesn't set the price of a big mac.