Should Government run our Health Insurance?

NPR's Planet Money podcast recently discussed the concept of a single-payer healthcare system with Donna Smith of the California Nurses Association and Stuart Butler of the Heritage Foundation.

During the show they mention the video below regarding why a universal healthcare system, with a single-payer would bring down costs. The U.S. Senate Finance Committee recently twice voted down the Obama Administrations so-called public option. Such a single payer system is, however, prevalent in many countries such as Canada and the UK. The arguments in the videos below give a good overview of the pros and cons of each approach.

And a critique from How the World Works