Biden: This is what I'm looking for in a running mate

The reason universal healthcare makes good dollars and sense is, everyone forgets that private insurers earn  a tremendous profit.  The government doesn't earn profits so the costs are lower.  Another bad thing about private medicine is that doctors compete for patients.  That means that even doctors with marginal skills are enticing people to come, same with institutions.  Hospitals with less than state of the art treatments are jealously guarding their patients from institutions that specialize in the art of need.  When you are ill, getting better is the only thing that matters,  not money, not love, not loyalty; in short, you are not able to think about anything clearly when you are suffering.  If the people who you must rely upon for care are dancing to some private/profit driven agenda, well, we all know what we think about that kind of thing.  So it is for these reasons and more, that many western nations have opted for universal healthcare, they don't believe there should be a financially motivated institution overseeing any individuals healthcare.