Every few years, the media gets low on ammo and decides they’re going to make a collective push to talk about bringing a single-payer healthcare system to the United States. And every few years, people who understand economics and business have to point out to them that it won’t work. This is one of those times. What is Single-Payer Healthcare, Anyway? When a term gets used so frequently for so long, it’s easy for there to be some misunderstanding. While the idea of single-payer healthcare gets thrown around a lot, would you be surprised that many people don’t even understand what it is? This results in confusion, misguided statements, and clouded judgment. So let’s clear this little issue up before systematically pulverizing the idea into a million pieces. Single-payer national healthcare -- or “Medicare for all,” as Senator Bernie Sanders calls it -- is a system in which a single public organization or government entity finances...(Read Full Article)