Mind if I jump in with a little text book economics about monopolies?
A monopoly sees a downward sloping demand curve. If they produce more of a product, the price of that product must fall. If I am the only producer of oil, I can choose how much oil to produce and thus determine the price.
Normal producers see a flat demand curve. They can produce as much as they want and it won't affect prices significantly. If I am one of millions of producers of legal services I can't just work less and raise my hourly rate. Someone will take my place and I'll end up selling nothing.
Health care is different.
The ultimate goal of society is for everyone to be healthy, happy, productive, and prosperous.
The ultimate goal of an unethical health care provider is to make everyone as sick as possible without dying in order to sell them as many health services as possible.
A purely unethical health care monopoly would randomly poison people and then sell them the antidote for $100,000/dose.
People will pay almost anything to save their lives so the demand curve for health services is basically a vertical line. Regardless of price, people will want to be treated.
The best outcome for society would be a system in which preventative care was universal, disease was rare, and if someone did get sick, they could have access to the best health care services known to man so that they could get healthy again and go back to work.
The solution, in my opinion, is simple.
1. Free basic health care for all children. We shouldn't punish kids because their parents are stupid. (I've seen too many sick kids suffer because of their parents' mistakes and only a selfish idiot would oppose vaccinations and check ups for toddlers)
2. Taxpayer funded preventative care for all adults assuming that the adults are at least trying to live a healthy lifestyle. If you do not live a healthy life (smoke crack, drink heavily, eat McBurgers every meal) then you should have to pay for your own preventative care and if you can't, STOP BEING SUCH A SLOB.
3. Taxpayer subsidized medical research. We already have this, it produces lots of miracles, let's not rock the boat.
4. Private health insurance to cover catastrophic illness or accidents. The insurance company will perform a medical examination, determine your risk factors, and sell you an insurance policy based on the likelihood that you will need care. The government could work with insurance companies to provide partially subsidized plans for the poor in order to prevent otherwise healthy 20-year-olds from dying from infection because they can't afford the penicillin.
5. Anyone who wants to can opt out of the government system and pay for their own Mercedes health services. That includes plastic surgery, liposuction, gender reassignment services, in vitro fertilization, viagra, baldness treatments, etc. If you want to fix something that isn't life threatening, feel free to burn a hole in your own wallet but don't expect society to bail you out.
Everyone is healthier in this system and an ounce of prevention is worth a pound of cure so society spends far fewer resources on health care.
Who wants to make me Health Care Czar?