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Healthcare insurance for common workers was started with union contract settlements in the 1960's. Non unionized employers adopted the same type healthcare benefits for their workers to remain competitive to workers.
The problem was that when a third party pays your bill you are not that troubled by the cost. Then the cycle begins -- higher costs and higher insurance premiums.
Even if you made a national heathcare program that was tax supported you would still need to people to administrate it so the economic impact would be limited to the obsoleted insurance industry executives and stake owners -- stockholders and a lot of REIT's owning healthcare facilities.
We could maybe save $500 Billion to $1 trillion a year and control future costs. But American healthcare cost will never be equal to the third world costs cited by many here. These people do not consider the higher US wage rates that would still apply.
"According to indeed.com, the average RN salary in CA, in October 2014, was $71,000. As per the BLS, the mean annual and hourly wages, in May 2013, were $96,980 and $46.62, respectively. Since the cost of living is quite high, the average registered nurse salary in California is 7% higher than the national average."
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