Of course, it may be that I don t really like burgers enough to pay that high price. In that case I may abandon my pursuit of burgers and stalk submarine sandwiches. As a healthcare professional, your personal income is determined by these same market forces. When this happens, rationally self-interested students change their majors. When the supply of professionals eventually declines, salaries begin to rise again.
Government effects the supply of healthcare providers by regulating the market.
For example the number of healthcare educational institutions that train professionals is often limited by government. This tends to stifle competition and keeps salaries high. This is good for the select few healthcare professionals that graduate and land jobs. But it also means that as patients we ll pay more for our healthcare. Government can also raise or lower the minimum requirements for entering a healthcare profession.