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> Other countries seem to have solid solutions for "socializing" medicine What baffles me the most is that most "socialized" systems functions much like a tax-
by herbstein 6y ago
> Other countries seem to have solid solutions for "socializing" medicine
What baffles me the most is that most "socialized" systems functions much like a tax-paid insurance policy that covers everything and has no profit motive.
Even in a normal insurance situation you're "paying for someone else's treatment". That's the whole point of insurance.
- AdrianB1 6y agoMost of these systems works like an extra payroll tax: it is a tax on salary as percentage, as opposed to a car or house insurance that is linked to the value of the risks insured, not the income of the payer. This is why some people are opposing to that system, the tax vs insurance debate.
- zajio1am 6y agoIt is not just tax-paid insurance. Main point is that single-payer is essentially monopolist buyer and can use its market power to push prices down. Which is good to get cheap and good medical care, but may lead to systemic underfinancing of healthcare and associated problems.