Where Is The Walmart Of Healthcare?

Yglesias recently addressed the low-end innovation that has eluded healthcare and higher education. Scott Galupo notes the particular perversity of the healthcare market, flagging the above conversation from last year:

This is a reality that many conservatives simply refuse to reckon with. To his credit, as governor of Massachusetts, Mitt Romney accepted it. And now, out of a combination of cravenness and ambition, he's desperately trying to swat it away.