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Old 07-25-2007, 04:34 AM
Jamougha Jamougha is offline
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Join Date: Oct 2005
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Default Re: Just Saw Sicko, Now Have Question

It's worth bearing in mind hat the US government spends more on healthcare per capita than any other nation on the planet.

Also, the 'inefficient', socialised systems in the rest of the developed world are in fact rather more efficient than he private sytem in the US. Canada, for example, spends around $300 per person per year on administration. In the US the figure is around three times that.

There's a good book called The Undercover Economist, which explains why the inherent inequality of information between the insurer and the insured leads to market failure and poor efficiency.

In practice universal health care would mean that the vast majority of people would pay much less for healthcare and have much greater securiy, peace of mind and job flexibility. The main role of government is to intervene in cases of market failure like this. I can't see why you would not want to do it.