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I voted No - The point that I would like to address is that there is "monetary friction" in collecting money only to pay it out from a single source. For example: collecting taxes and then paying it back out in the form of social welfare programs eats up almost 20% of the original taxes collected. This money is wasted in administrative and handling expenses. This is part of the challenge with the current healthcare system. We already have too much handling of money between employers, insurers, healthcare providers, and the government. The closer we can bring the provider and the patient the more efficient the system works. A secondary point is that a single payer system reduces the potential for profit in the healthcare system and in turn reduces the skilled workforce. We're already seeing it happen. Fewer and fewer top students are going to medical school. It costs too much and takes too long for them to have the government limit their return on investment, not to mention the facing the legal risks. This will has and will continue to create an ever increasing number of foreign born doctors taking the place of retiring American born doctors.
I voted No - The point that I would like to address is that there is "monetary friction" in collecting money only to pay it out from a single source. For example: collecting taxes and then paying it back out in the form of social welfare programs eats up almost 20% of the original taxes collected. This money is wasted in administrative and handling expenses.
This is part of the challenge with the current healthcare system. We already have too much handling of money between employers, insurers, healthcare providers, and the government. The closer we can bring the provider and the patient the more efficient the system works.
A secondary point is that a single payer system reduces the potential for profit in the healthcare system and in turn reduces the skilled workforce. We're already seeing it happen. Fewer and fewer top students are going to medical school. It costs too much and takes too long for them to have the government limit their return on investment, not to mention the facing the legal risks. This will has and will continue to create an ever increasing number of foreign born doctors taking the place of retiring American born doctors.