I am not sure if I've said it before, but I support socialized medicine in the US. My rationale is twofold... first, I believe that we would reduce costs significantly if we removed insurance companies from the equation, (IE, getting rid of the profit motive,) and second, if we socialized medicine, everyone would have access to basic health care, which would realistically reduce costs further, because we could catch problems earlier and mitigate, rather than waiting until it's an emergency.
A while back, Bernie Sanders proposed legislation that would incentivize employers such as Wal-Mart, who have a huge number of employees who make wages low enough to be qualified for medicatd, to increase wages. The idea behind the legislation is that medicaid acts as a pseudo subsidy for these companies by shifting medical costs from that company to the federal government. The incentive to raise wages would be that the government would fine the employer for having too many employees that are eligible for Medicaid. I thought it was a great idea, but this article managed to change my mind.
The premise of the article is that Sanders's idea effectively serves to keep insurance with employers, which has the unintended outcome of reducing the power of labor, which is a perspective I had not previously considered, and one that makes me even further in favor of socialized medicine. Allow me to illustrate my point.
Let's say that I'm working a job and get laid off. Under the current system, I essentially lose my insurance when I lose that job. (Yes, I can keep insurance through COBRA, but the costs are prohibitively expensive, and it's still only for a limited time. And yes, I can directly purchase private insurance, but again, it's not cost effective.) As a result, I am significantly more likely to accept the first job offer I get, even if it's at a far lower wage, just so I have insurance. If the government were to provide for basic needs, such as food assistance and health insurance, I'm in a position to hold out a bit longer until I find a job that pays me what I'm worth.
Those opposed to socialized medicine say that welfare is a disincentive to work. For years, they've held out the welfare queen as the example. I will concede these people exist. However, study after study after study demonstrates this is the rare exception, not the rule. And realistically, those who would exploit the system will find a way to do so, no matter what system is in place.
Another objection is that the government would create "death panels" to determine who lives and who dies if socialized medicine were to come into play. In response to that, I say we already have death panels; they're known as insurance companies. In fact, they're death panels twice over. The first hurdle you need to jump is getting a job that provides insurance. No job essentially means no insurance, and no insurance means no healthcare. Second off, insurance companies are known to deny lifesaving treatment.
I get that not everyone shares my perspective. I do, however, believe that most people agree our current system is broken. There have been tons of ideas floated and tested in order to fix our broken system, but nothing seems to work. Logic would dictate that eventually one would admit it's worth trying something completely different. It makes even more sense when you see other countries with socialized medicine that provides the same level of healthcare (or better,) to more people, at the same cost (or less.)
I'd really love to know what Sunny has to say on this, since she spent time in a country with socialized medicine. I'm always open to learning more.

