The argument against this article, and a valid point although I come to a different conclusion, is that with today’s healthcare system, the payer (insurance/company) is not the user (individual) either so you still have a massively distorted system and we use 2x % of GDP on healthcare as Britain already even without a socialized boondogle. If you really want to see healthcare costs come down you need to enforce anti-trust laws, encourage removing healthcare as a perk for working (just like all other consumer products including other insurance), massively reform patent laws, and allow reimportation of drugs like we do in all other industries. That, and some other reforms like allowing pharmacists to prescribe basic medicines like Europe/Canada does, would reduce healthcare costs by probably ~70% over a couple year period and virtually everyone could then afford it, with charities taking up some slack like they used to do.
Gold Star post of the day !
You are missing 2 critical points. The U.S. has the highest paid medical workers in the world. Our hospitals are not protected by tort lawsuits which drive up cost by 10%.