A government-run plan would cover all Americans, replacing private insurers. Advocates cite universal access; critics warn of higher taxes and bureaucratic inefficiencies.
Pros:
- It guarantees health coverage regardless of income or job status.
- It simplifies insurance bureaucracy and administrative costs.
- It leverages government bargaining power to lower drug prices.
Cons:
- It would require significant tax increases to fund care.
- Potential for longer wait times and limited provider choice.
- Transition risks disrupting existing employer-based plans.
Conclusion: Single-payer can expand access and reduce overhead but must tackle funding and transition hurdles.