While we watch the train wreck of Obamacare still in progress there are calls from the "progressives" amongst us that what we really need is a single-payer health care system. Well, Vermont has gone there and maybe that's not such a good idea either.
Green Mountain Care was Vermont's version of single-payer care that was created in 2011 and was being phased in with full implementation by 2017. The one problem - cash. It became apparent fairly quickly that the system was going to consume somewhere between $1.6 - $2.2B per year and that unfortunately equalled all of Vermont's tax revenues for an entire year. Even Vermont's Democrats have seen the light and called on the governor to dump the plan.
Glad someone is capable of learning from their folly. Too bad we don't see many signs of the same in DC at the moment.
townhall.com/tipsheet/christinerousselle/2014/03/18/vermont-democrats-labeling-states-singlepayer-health-plan-a-failure-n1810856
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