"The fundamental problem, the problem that underlies all the others, is that the United States has a market-based system. We're the only advanced country that does. The systems in the other countries vary in details -- some have single-payers like Medicare, others have tightly regulated private insurers -- but they all have in common universal coverage in predominately nonprofit systems. In all of them, government sets benefits and prices in one way or another, including prices of prescription drugs, and administrative costs are much lower. And it works. ... Health care is a social good, not a commodity, just as primary education, fire and police protection, and clean water are. A market-based system is not only wasteful, it's immoral." -- Dr. Marcia Angell,The benefits of Bernie Sanders' ?Medicare for All' plan. Boston Globe, Sept 21, 2017.
Dr. Marcia Angell, former editor-in-chief of the New England Journal of Medicine, is a member of the Department of Global Health and Social Medicine at Harvard Medical School.
Here is her testimony in Congress while healthcare reform was being considered in 2009.