Are single payer healthcare systems as good as the loony left claim they are?

  • by Warren T
  • Apr 18,2017
  • 6 answers

Are single payer healthcare systems as good as the loony left claim they are?


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Insurance Answers (6)

Andy L. 2 months ago

Everyone tries to simplify complex issues. They also take dissimilar situations and call them the same.
The issues are actually very deep rooted, starting with medical school costs, licensing level requirements of doctors, profits at drug and medical device companies and the global distribution of where the profits come from, lawsuits and legal.
None of these relate to single payer system, or have any fix by a single payer system.
When talking single payer system, we can say as compared to other systems.
Take the largest insurer, United Health Group.
184.8 Billion revenue and 7 billion in profit
The rest of the billions go to cost of care and overhead managing and taxes back to the government(s).
They have 200,000+ employees in 33 countries.
This says a 15.5% market share
http://csimarket.com/stocks/competitionS...
It excludes the government medicare, medicaid, and VA
Does consolidating the industry and forcing a non-profit make sense?
Maybe.
Is it going to happen?
Not with politics the way it is with an entire medical industry and insurance industry paying big bucks into political campaigns.
It doesn't fix the core problems, but probably is a step in the right direction.
It is probably big enough that it should not be a government agency, but may be an adjunct like the US Postal Service. It runs at a loss because of the coverage requirements, but they actually are fairly efficient.

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Moon Man 2 months ago

No, all of the ones that don't collapse barely function, and are set to collapse now that they're importing Muds en masse.

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Lee 2 months ago

Depends on opinion!

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BenDrowned 2 months ago

Sometimes, the proof tastes like creamy dung.

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Montana 2 months ago

They're better than not covering all of your people and having high premiums that keep going up.

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Spock (rhp) 2 months ago

judging by the critical newspaper articles in both Canada and Britain, I'd have to say the answer is no.

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