Tuesday, February 21, 2012

What Would Happen If...

Some random ideas here... Just musing a bit.

What would happen if we...

...suddenly implemented a universal healthcare system based largely on those in Sweden, France, Canada, UK? And by suddenly, I mean that we put everything in place: price controls, universal coverage, different hospital rules, both pre- and post-natal care, maternity/paternity leave, etc. Sure, implementation would obviously take time - but assuming the implementation was reasonably responsible (say, phased in over 5 years) what would happen?

Do you think the world would end?

Do you think jobs would be lost or created?

Do you think that we would start to see savings immediately, or over the medium term?

Do you think that we would need to subsidize drug makers as well as insurers in order to help cushion them during these changes? If yes, do you think that said cushioning would be more, or less, expensive then the effective subsidization in which we currently engage?

Do you think such a health system would be more typical of the self-titled greatest nation on earth?

And, of course, why or why not?

Thank you for reading.

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