According to a recent study by the Cato Institute of Britain’s National Health Service (NHS), there is no perfect scenario when it comes to health care.  On one side of the spectrum is the desire to have unlimited medical care to extend one’s life as much as possible, and the other end of the spectrum is to ration care to control spending.

The NHS is a centralized government version of the one-payer system in England, and it pays directly for health care and finances the system through general tax revenues.  Most physicians and nurses are government employees.  Below are some key statistics to keep in mind when looking at a government system without competition.

Waiting Times. Presently as many as three quarters of a million Britons are waiting to be treated in Britain’s hospitals. Cancer patients, for example, will wait as long as eight months before being treated.… Read More…