I think we need to fix several more issues before single payer would be a suitable option.
[1] https://www.forbes.com/sites/prestoncooper2/2017/02/22/how-u... [2] http://www.cpuc.ca.gov/electricrates/ [3] https://www.reuters.com/article/us-column-miller-medicare/re...
> but the plan bypasses an obvious remedy - one that President Donald Trump embraced as a candidate: allowing Medicare to negotiate drug prices directly with pharmaceutical companies.
To me (non-english native speaker) it reads as if though they are literally not allowed to negotiate.
When it comes to schools, here (Sweden) the government negotiates how much money the schools get per student, not just the interest rates of loans. Lowering interest rates means students can afford a higher loan. None of this is comparable to negotiating costs.
Of course it can. For examples, please see: Medicare, Veterans Affairs, etc.
It's not single payer that makes our system better. It's competition and reasonable regulation that makes it possible to have cheap services available.
I honestly don't know, but I think part of the problem is a lack of price transparency. People cannot shop for the best prices for non-urgent procedures, etc. I bet price transparency would at least help stabilize the prices across providers. Is that enough to solve the problem completely? Doubtful, but it would be a start.
Although, in a way it does kind of make sense. Unlike consumer goods (television, cars, etc.), one's health is something they're likely willing to break-the-bank for. So without any kind of restraint, I could see costs getting out of control. The hospital is focused on making as much money as they can, and the consumer is focused on preserving their health. If one doesn't have their health after all, what do they have?
Add an ever increasing demand (baby boomers are aging rapidly) and suddenly, things begin to look much worse for the demand side of the equation.
There aren't that many countries that pay as much as the us from public funds (two, see my previous link) or out of pocket (none).
The problem is localized to the US.
More expensive healthcare per capita is what I'd expect given those attributes and "single payer is the only solution" does not seem to be logically linked to the problem and facts.
[0] https://en.wikipedia.org/wiki/List_of_countries_by_total_hea...
[1] https://en.wikipedia.org/wiki/List_of_countries_by_body_mass...
Compare that to a state bargaining on behalf of 10+ million customers.