No, I think that the market manages to regulate itself pretty well. Many other countries don’t have anywhere near the level of regulation on pharmaceuticals as does the U.S., and they get by just fine.
I’m surrounded by high-quality goods of various types, all of which do what they were advertised to do - and none of it required government intervention to ensure. I’m guessing that the software you’re using in your computer never saw a government inspector - nor did the software this message board is running on. And yet, they appear to have very high quality - certainly as high as anything the government could manage to mandate. How did this happen, if government is the sole source of quality assurance?
Perhaps I mixed up my responses, because the debate I was having earlier was whether or not a ‘right’ to health care can exist without someone being forced to provide it.