@maporsche,
maporsche wrote:But I think it will likely cost at least a million jobs. I think this is a great feature of the program, provided the program is implemented over 10-20 years and job retraining is available and funded.
Most "socialised" health care systems implemented in modern capitalist economies are not "socialist". Not in France nor Germany nor Canada (source: Beth). That's because the state-run insurance scheme covers the low end of the market only. There's always significant room left in the health insurance market for private health insurance providers, and also for mutualist insurance, i.e. offered by cooperatives of users.
While the state-run system finances cures for the basic, public-health and life threatening diseases, there is a non-negligeable co-pay that some people want to insure against. Private and mutualist insurances also provide better dental and eyesight coverage, and a slew of other things from thalasotherapy to massages. People who buy a "mutuelle" or a complementary private policy are in essence buying the power of collective bargaining to get the best prices from medical service providers. A power which is also weilded by the public insurer on a larger scale.
This co-existance of public, cooperative, and private insurance companies in the same market would I suppose apply to America as well, meaning many of the people you think shall get laid off may in fact keep their jobs.
And finally, the US job market is healthy. I wouldn't worry about that.