I feel like health is a degenerate case of free markets. In any free market, the price is set by the consumers assessing their utility for the goods or services purchased. In cases of pencils, productivity software, energy, raw materials, etc, consumers compare the methods of resolving the need, or at baseline the cost of not addressing the need.
In healthcare, there are lots of situations where the cost is X dollars vs literal death. Of course, death is not an acceptable alternative, so an acceptable X ends up being very, very high for the treatment. Most people would pay their life savings to treat themselves of any life-threatoning ailment.
I honestly believe that free markets setting prices is good for most industries, but I cannot see it working in situations where the benefit categorically supercedes any amount of money.
It seems like we need to either rethink IP law surrounding healthcare, or have a monopsony (single payer or something else) setting prices.
This is a hard thing for me to resolve, as somebody who normally likes a libertarian approach.