One big flaw of the free market system is the difficulty of sick people to get insurance. The insurance companies do not want sick people to insure with them. They only want healthy people. Read this article.
We have a similar problem in Singapore with motor insurance. If you have two or more accidents in a year, you will find it difficult to get an insurance company to cover you. This is a complaint written in the newspapers.
These two examples shows the flaw of the free market system that only aims at making profit. Who wants to cover the people that are likely to make a claim?
Tan Kin Lian