Krugman: Americans spend more on health care per person than anyone else —
almost twice as much as the French, whose medical care is among the
best in the world. Yet we have the highest infant mortality and close
to the lowest life expectancy of any wealthy nation...
If it were up to me, we’d have a Medicare-like system for everyone, paid for by a dedicated tax that for most people would be less than they or their employers currently pay in insurance premiums. This would, at a stroke, cover the uninsured, greatly reduce administrative costs and make it much easier to work on preventive care.
Such a system would leave people with the right to choose their own doctors, and with other choices as well...we have another chance for fundamental health care reform. Let’s not blow that chance with a pre-emptive surrender to the special interests.
Related: NYT charts healthcare spending. Note that the US government already spends more per capita than other countries; a big problem here is inefficiency in the system, as discussed in this article. The article does not discuss tort reform as a method of cost mitigation.