When the supply of oil is kept artificially low by an anti-competitive cartel like OPEC, then the price gets jacked sky high. Welcome to the 1970s!
But Saudi Oil Sheiks never swore an oath to "First, do no harm."
Substitute "doctors" and the "AMA" for "oil" and "OPEC" and you start to understand why we have the world's most expensive health care: we have the world's best paid doctors.
What I want to know is this: how does lobbying to keep health care too expensive for poor people comport with "do no harm"?