Government Paid Universal Healthcare
There are 196 countries in the world today; of them 50 countries offer universal or semi-universal healthcare to their citizens. The World Health Organization (WHO) suggests that total health expenditures are at least 4% to 5% of GDP. The US spends 16% of GDP or $5,267 on health care for each man; woman, and child, health-care spending in Canada and Great Britain is a small fraction of that. Providing cheaper health care creates a healthier working population, which produces and consumes more than an unhealthy workforce. People with untreated illnesses or preexisting health conditions keeps them from working at full efficiency, or at all. Some country’s population are not all onboard for universal healthcare, some people see it as a way to socialism, or destroying capitalism. This is not always the case; ensuring that the country has a healthy population is of great benefit to the whole country. “Over the last five years, health-insurance premiums have more than doubled, leaving firms like General Motors on the brink of bankruptcy. “
One problem with setting up universal or single payer healthcare system is cost. Cost is one of the reasons that US median family income fell between 2000 and 2005. Healthcare spending in the USA has sur...