Single-payer health care, as you may well know, is a system where the government make the payments for health care. These payments come from your taxes. On this page we are going to take a little look at the pros and cons of a single-payer health system, particularly in Canada. We are also going to discuss a little bit about the difference between single-payer healthcare v Obamacare.
Is Single-payer health care system a good idea?
The main benefit of a single-payer health care system is that providing you are a resident of that particular country then you are not going to have to pay anything out of your pocket in order to qualify for health care. You do not even have to be in work, you are just entitled to the policy. Obamacare on the other hand is different. Sure; the intention of Obamacare is to make healthcare affordable to everybody, but you are still going to need to pay out on your insurance and there is only so much that your insurance will be able to cover. With a universal health care system you are always covered no matter what happens. This means that you can feel confident that you are always going to get the treatment that you need.
On the other hand; a single healthcare system is really limited in terms of funding. Obviously there is only so much cash being poured into a single healthcare system. It is a lot of cash, but funds are still limited. This means that the governments really need to pick and choose the types of treatments that are offered. This means that treatments may not always be the best. There are a few treatments out there which may only have a minor benefit to somebody’s life, and because of this there is very little chance you will be able to use it under a single payer health care system. This means that you may not be getting the most effective treatments. When new treatments are discovered they also have to go through a fairly intensive process to determine whether they have any value. This process does not happen in America. If a medication or treatment is approved as being safe then any doctor can use it. The result is far better treatments and ultimately a far better standard of life for those undergoing treatments. This is why many people who are in single healthcare systems still come to the United States for treatments.
You also need to look at it from the point of view that medication under a single health care system is going to be a lot cheaper. It is not free, but it is heavily subsidized. This means that staying healthy with medication should be affordable. Medications, even with insurance, in the United States are expensive. In addition to this; due to pharmaceutical salesmen, many doctors will only prescribe expensive medication (due to the benefits that they can get from prescribing it), which knocks up the price even further.
See Also Universal Health Care in Different Countries: