Single payer systems are not more efficient at producing drugs, they just pay less for drugs by virtue of being a monopsony buyer. If we had a single payer sys

Single payer systems are not more efficient at producing drugs, they just pay less for drugs by virtue of being a monopsony buyer. If we had a single payer system we would pay less for drugs, but we'd also have less drugs. This is probably a good tradeoff in the short term, and a bad one in the long run. If you get a disease today that has a significantly better prognosis than 20 years ago, what's the most likely reason? Better drugs. What is only 10% of our healthcare expenses, drugs. I don't think we should be so quick to cut funding to a sliver of healthcare expenses that is driving 90% of the progress.