Single-payer would significantly reduce the healthcare burden on business. The U.S. Pays twice the GDP per individual as the second highest paying country, bringing that percentage down would make the U.S. More competitive. We'd also have the advantage of learning from and avoiding the mistakes of other countries. Single-payer would be more efficient in the massive reduction of paperwork on both insurance and insurees side. Single-payer encourages focus on quality control and effeciency.
There are plenty of pros to single-payer healthcare, including allowing everyone to receive quality care. Most of all, however, is taking off the burden of providing healthcare benefits to workers for businesses. With single-payer, businesses, especially those that provide white-collar jobs or are unionized, will be able to not have to pay for workers' health care premiums. Furthermore, by providing healthcare to those who are financially stressed, they will worry less about paying for healthcare and will be able to spend more of their disposable income into the economy, boosting it.
Renember, in single-payer, funding is public, but delivery is private.
A universal single payer health care system would be the best possible solution for the American health care issues. While such systems in place in countries such as the United Kingdom have had their problems, the amount and level of care available within them make our current programs, even under Obamacare, look shameful.
Have you ever heard the old joke? If you don't like the problem, wait till you see our solution -Government. When the government is in control of everything relating to one subject, it becomes a difficult monolith to navigate and change. Look at the abomination of VA healthcare. As a veteran, I would rather go through my private insurance than even try to navigate the LONG process of getting a VA appointment.
The problem with health care insurance is insurance relies on paid premiums from everyone to function correctly. Look at auto insurance for instance. It's mandated to have auto insurance to drive your car. If you don't have it, you face stiff fine from the court. If you have it and never use it, you contribute to the kitty. If you use it, you take away from the kitty.
The problem with our current system is too many healthy people DON'T have insurance and don't contribute to the kitty, and only take from it. The ones who have it either have work sponsored insurance or are sick to the point where they are taken care of anyway. They are sent the $1,000,000 bill, which they can't pay. Where does that cost get dispersed to? The insurance companies via the next patient, which the hospital will bill the insurance at $1,000,100 and so on and so on.
We need a mandate that that people carry insurance, even at the lowest acceptable rate, such as auto insurance. You can carry liability only which significantly reduces your rates. This would ensure people pay into the kitty even though they don't use it.
Once again though, a total government takeover on health care would be an abomination. Just imagine if the government controlled your auto insurance.
Socialized health care places all fine imposition and enforcement of those fines on the government which allows the government to intrude EVEN MORE into out lives. Additionally, those who already have employer-provided health care (the MAJORITY of those insured) will not see any real difference and have essentially just endorsed a system that makes hard working people pay EVEN MORE in taxes to fund health care for other people. We working class already pay a huge sum to fund welfare and social security, medicaid amd medicare (which aren't going away, in case you didn't know). Why should we have to pay more?