Arrow (1963) AER paper: How is price competition different in the health care market as compared to other more typical m

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Arrow (1963) AER paper:
How is price competition different inthe health care market as compared to other more typicalmarkets? How is the nature of demand for medical care different than thedemand for more typical products? Name two examples of how the health care market violates theassumptions of the first welfare theorem.
Recall that the first welfare theoremlays out the assumptions under which the equilibrium in a market isefficient. Suppose that the first welfare theorem holds inthe health care market. Use the concept of the second welfaretheorem to explain whether or not the first welfare theorem holdingrules out the need for any government intervention in the healthcare market.