As a newbie here, may I have the audacity to suggest a way to weigh the benefits of each type of system? I'll admit my conclusions here are from memory, years of reporting on this and related issues, and being married to a woman who is intimately involved in the health-care issue, and at this point I won't provide links.
Based on the studies I've read, I've concluded that:
1. If you want to solve the high cost of health care, eliminate insurance. Then you'll introduce true free enterprise into the equation and return to the days when doctors didn't have access to good science and bartered health care for chickens and other goods. That's when truly rich could get what care they want and, although perhaps not supported by government-funded science and, if the doctors had time, others could, too.
2. If you want to solve the problem of access, implement socialized medicine or some version of it. That'll mean that somebody -- possibly government -- will decide whether the care you want is worth it, but at least you'll be guaranteed some care based on what the system (like it or not) decides is worth it.
3. If you want to solve the problem of the drag on the economy, perhaps you're screwed. Socialized medicine seems to be less expensive, in terms of percentage of GDP, but free enterprise currently is the flavor of the day and creates a lot of wealth in the health-care industry.
Personally, I went through a big change in attitude as a newspaper reporter covering companies from Finland who were negotiating union contracts in Minnesota. Basically, the companies said they couldn't afford to pay wages in Minnesota that were comparable to Finnish wages because health-care and retirement costs were too high here. Those same costs were socialized in Finland. In fact, an economist for a major international bank pointed out that health-care costs in the United States were putting us at a competitive disadvantage -- even with other highly industrialized countries.
That says to me that we're at a competitive disadvantage with countries that recognize that such costs are more efficient when socialized.
Personally, I'd like to believe otherwise. Can anybody provide evidence otherwise?