There's some problems here:
* We have a legal system that allows for excessive damages in medical malpractice suits. This makes it mandatory for doctors to carry a heavy burden of insurance and that gets passed on to whoever is paying for the medical care. Doctors over-perform tests and over-prescribe drugs because of fear they may be sued.
No, someone who had the wrong leg amputated deserves a giant payout. There's no such thing as an excessively large damage award; if you screw up, you need to pay.
The problem is that the system has no good way of getting rid of bad doctors. Someone who amputates the wrong leg, or botches surgery in a catastrophic way, should not be able to operate again, ever. It may sound harsh, but that's the way it is. Pilots who wreck planes or helicopters usually never get to fly again if they were at fault. The FAA might not prevent them, depending on the circumstances, but they're never going to get a paying job as a pilot again.
Doctors who screw up should have their insurance pay for it, but after that, why are they still working as doctors and doing surgeries? Insurers shouldn't be covering them, and hospitals shouldn't be employing them. Something's wrong if they're able to continue practicing and carrying insurance.
Pharmaceutical prices are unregulated, allowing excessive profiteering.
Don't forget patents on DNA, patents on naturally-occurring compounds, and the fact that doctors are little more than drug pushers, trained by the pharma companies to push expensive drugs instead of cheaper alternatives or generics. The entire way the medical profession operates in this country is utterly broken. "Doctors" here generally aren't worth squat.
Hospitals are allowed to operate for profit. WTF?
That does seem screwed up. I wonder if they're allowed to operate as non-profit.
Hospitals are able to milk patients with inflated fees for basic items.
There's a good reason for that: hospitals wouldn't stay in business otherwise. The problem is that there's millions of people (many of them illegal aliens) who use ERs as their primary care physicians, because of a Federal law that doesn't allow them to turn people away. So hospitals are required, by law, to provide free treatment to people. To pay for it, they jack up the cost for everyone else, and it shows up as things like $10 aspirin pills, $20 band-aids, etc.
Employer provided health insurance reduces the competitiveness among insurers because the employees don't directly feel the brunt of the costs and lack options from different providers that would drive costs down. This unnecessarily raises costs for private insurance. It remains to be seen how the new plan will save money here.
It won't. This new plan is only going to make things worse.