Once the market has chewed on it and made it as cheap as possible, consider subsidizing it or something
Your argument hinges on a hoary anti-Marxist critique. As one example alternative approach, the hundreds of billions, if not trillions, of dollars handed out to financial institutions and/or forgiven in legal penalties could have been used to reimburse companies for creating successful health technologies and treatments. It's a matter of policies and priorities, some of which are broken and some that aren't (Sturgeon's Law), and the market structures of medicine operate in the way that it does for specific reasons not necessarily aligned with benefits for those who are dying or sick.
Your argument hinges on a hoary anti-Marxist critique. As one example alternative approach, the hundreds of billions, if not trillions, of dollars handed out to financial institutions and/or forgiven in legal penalties could have been used to reimburse companies for creating successful health technologies and treatments. It's a matter of policies and priorities, some of which are broken and some that aren't (Sturgeon's Law), and the market structures of medicine operate in the way that it does for specific reasons not necessarily aligned with benefits for those who are dying or sick.
tl;dr: TIMTOWTDI