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@ezlouie: You say that socialized medicine will lead to a shorter life expectancy. However, France, the UK, and Canada all have government-provided health care. The results are below, with the numbers being life expectancy at birth in years.
Metropolitan France (France excluding territories): 80.7
Canada: 80.7
United Kingdom: 79.4
USA: 78.2
The British NHS IS a disgrace. So is British Rail, actually - and a few more public services that have been starved to near-death since Margaret Thatcher.
What you don't see is the hidden benefit, maybe that takes a totally different view on social systems. The European way (more or less, more in Scandinavia, less so in eastern Europe) is that we grant a basic level of social security, complete health care and education. There are always people who want more and pay for that, but nobody has to choose - for example - between paying the mortgage and seeing a doctor.
Of course, there is no direct benefit in this system for those who have personal insurance (first-class service...) - that is, IF the alternative is that some people would get nothing.
A system that offers basic health care for everybody, payed for by the taxpayers, and allows people to "leave" it for an insurance with better service, definitely costs MORE.
You only think you pay less. You do not see the large hidden costs, in your taxes and corporate taxes. The Brits and Canadians have discovered the 'benefits' of gov't-controlled medicine: long waits, denial of care, shorter lifespans, preventable deaths, a lack of access to diagnostic equip. and surgery, and a huge, unsustainable cost imposed on their economy. This is why they come over the border to find care here in the US. This is why the British PM just called the NHS a disgrace.
I'll never get it - what good is having no health care?
Of course, this is another case of "are you a top guy/elite/...?" - I once saw a test, asking 100 people to grade themselves "top 20%" or "bottom 80%". The result was 80% thinking themselves top 20%. Lesson being: Maybe you're well off now, but you might still lose, and it's nice to have some security.
Over here (Germany) everybody should have an insurance that covers most health care issues (you pay extra if you want your teeth to look good, okay). And guess what - the average German pays less for health care than the average American.