I was talking to neighbor and we got into a discussion of Single-payer, Medicare for All, when I realized that people don’t seem to be aware that almost of the insurance policies that even people without health insurance have include medical payments.
Your car insurance pays for accident injuries. The personal liability section of your home owners insurance covers people injured on your property. Workmans Comp covers medical costs. All of these policies cover medical costs, they are just the costs of other people.
The significance of this is that in countries that have universal health care coverage all of these insurance policies are cheaper, because they don’t have to cover the cost of medical care.
Think about an accident that injures a worker at a fast food restaurant. Which is more expensive: the worker’s wages or that visit to the emergency room? A lot of workmans comp claims would never be filed if we had Single-payer because it would be easier to just keep the worker on the clock and let him/her go for treatment. Under the current system the claim has to be filed because it is often the only way of paying for the treatment.
This is just another way that Single-payer is cheaper than our current system.