Decker and KingoftheCoast on single payer health insurance

Here is the conclusion of the piece:

To reiterate, the key point in this piece is that high administrative costs in US healthcare are unlikely to represent “do-nothing waste.” Some of the purported costs are entirely fake. To include them in the possible savings of single payer shows either ignorance or dishonesty. Some of the costs are to prevent waste and fraud, which should be paid by Medicare now (although they are not). Of what is left, the cost of duplication pales in comparison to the plausible benefits of choice and competition in health insurance. When you put all of these together, the case for single-payer is nonexistent. A better system would be to subsidize those who are too poor to pay, scrap the government health insurance providers and the VA, remove the employer tax deduction, and allow providers to compete.

Here is the full piece, excellent work.