Top Definition
A society ruled by doctors. A key postulate of a medicocracy is that there is no natural limit to healthcare expenditures because any attempt to do so will be putting a price on life and that is immoral.
Bob: Maria, we have to declare bankruptcy because we have $160,000 in medical bills due yesterday and no way to pay it.
Maria: That's what you get when you live in a medicocracy.
by Inko Inko March 03, 2009
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