This guy, like all the other articles from the same stupid place you seem to love posting about, is an idiot.
He doesn't take into account the fact that medicine back in the 50's wasn't run by HUGE UNREGULATED PHARMACEUTICAL CORPORATIONS and absolutely behemothic HMO's AND INSURANCE COMPANIES that need to wring every last cent of profit out of the market.
Private practice and state run hospitals in the 50's vs. what we have today? There's no comparison at all! The whole "government is bad" straw man argument is fucking stupid.
Back in the day, you COULD have a reasonably unregulated market and expect a somewhat good return. Now? Impossible.
If you want to see a completely unregulated market doing what it does, look at China. That's what you fucking get. Poison toothpaste, poison pet food, poison air and poison water.. all for the almighty buck.
God i hate these articles. They're so painfully, obviously and stupidly written. UGH.