Friday, March 24, 2017

Why Won't We Try A Single-Payer Healthcare System?

According to an article published by Bloomberg on 28 September 2016, the US healthcare system ranks fiftieth out of fifty-five countries for efficiency and effectiveness. That's dismal performance for any country, but when you consider that we have the world largest economy, it seems even more pathetic.



Canada ranks 16th. It's not a perfect system, but it's a lot better than our mess.

Australia ranks tenth. Japan is fourth. And in first place, Hong Kong.

All of those countries have single-payer healthcare systems. Here's the big question: Why wouldn't we want to try to emulate their success? 

I am quite confident that insurance companies in Hong Kong, Japan, Australia, and Canada make plenty of money. I'm sure that investors and investment firms in those countries make good returns. A single-payer system is not going to destroy capitalism.

If you want to succeed, model someone who's already accomplished the goal that you're trying to achieve. At the very least, we could give it a try for some period. If after five years we don't like it, we can return to the failed system that we have today. 

At candidate Trump once asked: "What have you got to lose?"


Copyright © 2017 Daniel R. South 

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