no. Healthcare prices are not dictated by supply and demand as much as other things. they are dictated by health insurance companies that do collective bargaining with complex cost shifting schemes that no one actually understands. I spoke to the CEO of a well known PBM and he couldn’t explain how the costs of drugs work. Obamacare in its original form would have cut the stranglehold of insurance companies on the health care system. United healthcare is one of the largest companies in the world by market cap. Think about that. The best post on this topic is from @Sig. it’s a shame he left this board. edit: my sister is a prominent cancer doctor (won’t say her speciality) and she left the industry because of mal practice insurance. Biotech companies pay better because they can sell drugs for $100,000 per treatment.
https://www.cdc.gov/nchs/hus/topics/physicians.htm# doctors are increasing faster than the population.