But it is a pretty big deal when we deny medicine to sick children (or push families into taking on crushing medical debt).
Probably at least several million people annually are killed to maintain your financial incentives.
Profit motive is the singlemost powerful motivator for the pharmaceutical industry. Take that away, and let's see how many smart, hard-working people work their butts off to rescue sick children.
Maybe we get a few less drugs but I'd bet we'd see more curative cheap drugs we need desperately like antibiotics which are an economic dead-end today rather than the cost escalating for-life stop-gaps like statins, diabetes drugs, biologics, ed drugs, hair treatments, etc.