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Originally Posted by Cali Panthers Fan
^The inefficiency comes from it being a public program in a private/for profit system. They have some amount of leverage over pricing, but it still is always subject to being an inflated price point due to it being integrated within a private system.
That's why medicare for all won't work. You need to make it a single payer system or the price will always stay too high for a government program to be feasible.
Now, for all that extra cost, there is a somewhat higher benefit for those who can afford that level of care: i.e. Donald Trump didn't die from COVID when by all rights he should have.
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Additionally, health care is a significant percentage of the economy. Simply jumping to a single payer system isn’t as easy or simple as it appears. Obama recognized that there would be unintended consequences. This is why he referred to the affordable care act as a “starter home.” It’s not the system the public wants, but it’s a path towards their goal.