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The wait time for medical procedures is extremely long in places with price caps.

It does not work “extremely well” at all, it results in shortages and wait times exactly as you would expect from economics 101. I’m speaking from personal experience having been through it myself but feel free to look up how many Canadians go to the US every year and pay out of pocket for more evidence.



The wait time when you can't afford the physician is infinite. That's the market at work.




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