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The primary disadvantage of socialized medicine is the cost. Gerald Friedman, an economist at the University of Massachusetts-Amherst, estimates that the price of establishing universal coverage in the United States would be $1.38 trillion per year over the first 10 years.
What exactly is socialized medicine?
Socialized medicine is, by definition, a healthcare system in which the government owns and operates healthcare facilities and employs the healthcare professionals, thus also paying for all healthcare services.
Ultimately, socialized medicine endangers our freedom to make life choices. Socialized medicine will not only entail a massive government expansion into the private life of every American: It will also place a tremendous burden on the backs of the American taxpayers.
What countries have socialized medicine?
Germany. Germany leads the European Union with its excellent benefits for German citizens.
For poor people, socialized health care eliminates the need to decide between medical care and food or rent. Socialized health care can help keep down the out-of-pocket cost of medicine. Socialized health insurance provides coverage for all people, regardless of social or economic standing.
What does socialized healthcare mean?
Socialized medicine. Socialized medicine is a term used in the United States to describe and discuss systems of universal health care: medical and hospital care for all at a nominal cost by means of government regulation of health care and subsidies derived from taxation.
socialized medicine. What is socialized medicine? Socialized medicine is, by definition, a health care system in which the government owns and operates health care facilities and employs the health care professionals, thus also paying for all health care services.