From Krugman:
The great advantage of universal, government-provided health insurance is lower costs. Canada's government-run insurance system has much less bureaucracy and much lower administrative costs than our largely private system. Medicare has much lower administrative costs than private insurance. The reason is that single-payer systems don't devote large resources to screening out high-risk clients or charging them higher fees. The savings from a single-payer system would probably exceed $200 billion a year, far more than the cost of covering all of those now uninsured.
Without universal health care, large corporations are going to go under or cut those with health insurance free. At this rate, within a decade or so, half of the country may not have health insurance. Eventually, the public is going to wake up and take revenge on the party that doesn't recognize this problem, and by and large (with the exception of your Joe Liebermans) that is the Republican Party.
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