| I'm not sure it needs to be like that. Most developed nations have a public health system. Akin to how the US has public schools and emergency services. The revolution could be the government bitting the bullet, and spending a fortune on bootstrapping a public health system that undermines insurance and private health. Yes, it will hurt that sector a lot, it won't happen overnight, it will cause huge deficits, and it will inevitably cause higher taxation. But it's ultimately what needs to be done. We just need to give up on the sunk cost fallacy and go with proven models. |
We already have a public healthcare system, it is called medicare. We can expand medicare so that private insurance takes up a smaller segment of the total market. I believe that approach will provide incremental improvement and give policy makers leverage for further incremental improvement, but it is not a revolution.
While many of our politicians are talking about revolution, what they are all proposing is incrementalism. The reason for that is very simple; revolution is a bad idea and incrementalism has a proven track record of working.
As an aside, medicare-for-all is still a long way away from a public healthcare system; it makes one area of the healthcare system public.