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Single-payer systems are the cheapest way to provide healthcare for a society. However, they necessarily fund the healthcare industry at a lower level than peop
by natrius 16y ago
Single-payer systems are the cheapest way to provide healthcare for a society. However, they necessarily fund the healthcare industry at a lower level than people would on their own. Some of these savings come from actual improvements in efficiency and the elimination of marketing costs, but the rest comes from the government using its monopsony power to drive down prices. Some see this as a feature, but I see it as a bug. It results in less investment going towards improvements in the field, which I think is undesirable. I think the healthcare bill that was passed was a good way of avoiding disrupting the healthcare market while still providing healthcare for everyone.