Then the US would have the same percent of horror stories as you say UK does, not so. There are some problems, but that is not the rule. That indicates is isn't a problem with asymmetric information. Really? If a facility is 90% efficient, it is less expensive than a facility that is 70% efficient? What about differences in cost per hour? What is the cost? Here, a US specialist makes $230, a Norwegian, $77 (in 2004 dollars). http://economix.blogs.nytimes.com/2009/07/15/how-much-do-doctors-in-other-countries-make/ You can't?
And they do. If you want to prove otherwise then please present the evidence. It indicates you make claim without the required support. Best put that right or we'd have a different information problem here! It really isn't difficult. DEA and stochastic frontier provide a means to assess a cost or production frontier. Further away from that frontier, the more inefficient you are. You want to imply that we can ignore efficiency. Strange argument! Back to reality; the efficiency gains are simply inconsistent with your dogma