Egalitarianism encourages people to do nothing and demand everything.It is tantamount to the abolition of causality in the earning of income,but also of cost in the spending of income.The egalitarianism of socialized medicine would result in the appearance of giving something free to the individual and chargeable to the group as a whole, and would make the consumption of the individual appear to be virtually costless-both to himself and to every other individual.
When this happens, there is increased demand by individuals, which leads to increase overall cost.More individuals seeking more care will also reduce the quantity and quality of supply of care available to each individual because doctor's time is limited.
To deal with these problems, the government will try to control medicine even more, making the practice of medicine unattractive as a profession, causing a decrease in the supply of doctors,leading to even more decrease in quantity and quality of supply of care.
Increased control over medical costs will also result in an assault on paying for advances in diagnosis and treatment.
That’s very well said.
Also: Take away the profit motive, and you take away most new advancement in medical and pharmaceutical science. Say goodbye to innovation. Whenever socialized medicine happens here... That’s the state of medical technology we’ll be stuck with for many decades.