alt Hacker NewsNumber one expense for SMB is healthcare, providing a nationalized healthcare service would likely unlock trillions in value (imagine what Americans would do if they got $200-500 more per paycheck?).
Instead we are forced to watch some of the wealthiest companies on the planet burn money for fun because apparently the government is "wasteful."
What a crock of shit.
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Our healthcare system has its flaws (to put it mildly), but nationalized systems have their own. I know people who don't have primary care because they live in a country with a nationalized healthcare service and their government, in its infinite wisdom, chose not to allocate enough doctors to their town.
How would nationalized healthcare get funded other than shifting that 200-500/check towards… nationalized healthcare?
The U.S. spends more money on education per student than any OECD country other than Norway and Luxembourg. Yet it gets quite mediocre results. Why do you think the U.S. will be able to do public health care in a more cost efficient way than it does public education?
I favor universal health insurance, but you’re going to pay more, not less. European countries didn’t flip some magic switch where they saved a bunch of money by just “cutting out the profit.” They do it through measures like the UK NHS setting the standards of care, so in a malpractice lawsuit the entity that says what the doctor ought to have done is the same entity that bears the cost of unnecessary tests and procedures. Efficiency is also achieved by aggressively rationing providers such as MRIs, keeping health worker salaries low, etc. There is no stomach to do any of that in the U.S.