If Canada is any blueprint for socialized healthcare, you’re in for a hard time ahead. Socialized healthcare is slower, more selective and doesn’t provide the best healthcare for anyone. You get no choice of doctor, treatment or any of the great things private healthcare has to offer, not to mention the tax hike that would have to occur to cover the cost.
The idea that Democrats have is that “equity” rules all. Everyone gets the same thing and the same treatment and you have to like it and tell them that it’s excellent. Otherwise, you’ll be censored. The problem is that if you give all patients “equity,” you force all factors and treatments to have “equity” as well. There won’t be a top-of-the-line doctor because there’s no incentive to do so. It would flatten the medical market for everyone who participates.
The Congressional Budget Office has determined that any single-payer healthcare system would cause an increase in healthcare demand and the government would have to ration healthcare. That’s not good.
The CBO concluded that none of them would be adequate of the options. The economic impacts that would have to take place would push Americans further into poverty which seems like the Democratic party’s plans. Rising gas prices and inflation have caused an unsure future for the entire country and pushing for this type of healthcare wouldn’t be good. The CBO took a look at five possible options.
The options vary, but the economic impact would remain the same.
One of the options would have a high cost to pay doctors, hospitals and drugs and high deductibles and copayments. That would seem to be almost like having no insurance at all.
Another option would give doctors, hospitals and drug companies less with high deductibles and copayments which would cause a far lesser quality of healthcare and likely crash the industry.
The next would give more to doctors, hospitals and drug companies. At the same time, deductibles and copays would be lower, ultimately raising taxes to match the cost of doctors, hospitals and drug companies, which would eventually cost more.
The worst would be low pay to doctors, hospitals and drug companies with a low deductible and copay, which would crash healthcare.
The last covered a long-term support and service situation such as nursing homes.
The review by the CBO determined that, on average, there was a 10-12 percent per capita increase in spending within ten years. That’s not sustainable without raising taxes and doesn’t provide better healthcare for the US, ultimately forcing every citizen to pay more for less. That’s never worked.
What should work is stopping the exponential increase in pricing for healthcare and drugs at hospitals and other medical care settings.