It is speculative to project that the U.S. health-care system will evolve along the lines of market-based proposals, managed competition plans, or by more traditional "play-or-pay" or national health insurance proposals. Pay-or-play plans require firms to provide basic health insurance to employees and their dependents ("play") or pay a payroll tax to cover enrollment in a public health-care plan ("pay"). Proposals for national health insurance envision replacing the private health insurance market with a single national health insurer. National health insurance would be funded through taxes and care would be free (as in Canada) or provided at a low cost-sharing level.
Was this article helpful?
Don't Blame Us If You End Up Enjoying Your Retired Life Like None Of Your Other Retired Friends. Already Freaked-Out About Your Retirement? Not Having Any Idea As To How You Should Be Planning For It? Started To Doubt If Your Later Years Would Really Be As Golden As They Promised? Fret Not Right Guidance Is Just Around The Corner.