You won’t have to move to Canada.

May 21, 2011 § 1 Comment

Vermont’s Single-Payer Health Care Bill Moves Ahead – NYTimes.com. There is no question that single payer medicare significantly lowers the overall cost of health care. On the other hand, it leads to some distortions and waiting times. Universal medicare is much more convenient for doctors because of the decreased administrative costs. Universal medicare may also decrease the overall amount of innovation in health care (although this may be a dubious proposition). What often happens in Canada is that citizens will be enrolled in a “top up” medical care insurance – usually having to do with getting single rooms in hospitals, coverage of special services like massages and counseling. But, bottom line, providing medicare at the state or region level makes it so much more effective: citizens feel like that have much more control and different plans in different states set up a form of competition. The federal government, if it is involved, can provide funding to equalize what’s available across the nation. The feds may also be involved in setting national standards.

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§ One Response to You won’t have to move to Canada.

  • erika says:

    You make a very good point about fostering competition. The Canadian system has much room for improvement- especially wait times for specialists. However, waiting a few weeks definitely beats paying ridiculous amounts for health insurance (even when you’re young and don’t smoke).

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