[ QUOTE ]
It's worth bearing in mind hat the US government spends more on healthcare per capita than any other nation on the planet.
[/ QUOTE ]
Wait so according to you since you didn't cite a source, our government spends more than any other country on healthcare yet we have 40M uninsured? and the solution is to spend MORE? [img]/images/graemlins/confused.gif[/img]
(This is just wrong, American's spend more money PRIVATELY, but not publicly)
[ QUOTE ]
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.
[/ QUOTE ]
Again another completely false statement, check the rest of the thread for actual citations.
[ QUOTE ]
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.
[/ QUOTE ]
While this may have been true 30 years ago, it isn't true anymore. This is the information age, and medical records are passed around like candy. Also, many small companies can choose doctors and specific ailments to be covered to reduce costs.
[ QUOTE ]
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.
[/ QUOTE ]
Because like all other regulated industries it would cost 3x as much. (check CATO for citation) and the service would be 10x worse.
Also, how are socialized systems handling malpractice? Does the government payout tens of millions in damages to a patient who had the wrong kidney taken out?
Here is a wiki comparing the two.
US vs Canada Healthcare