NHS - Good for the economy or bad?

[-:Undertaker:-]

Wait. What? You think Privatisation will save the Government money? No no no, it will cost them money.

Yes it would do so as the state would not be footing the bill, and the state cannot run much at all because as we can see with the NHS itself it is a massive bungling bureaucracy with more managers than doctors/nurses from what I am led to believe. Thus, state waste would be eliminated from the system.

European states see healthcare as a civil right which means the government would always be expected to fund those who can't afford healthcare right? Well can you afford over £7500 a year for healthcare? I certainly can't.

Which is going to come to an end as the population ages across Europe which will spell complete disaster for a group of already bankrupt economies. The second point - you can't now because government taxes us all extreme amounts which are needed to fund the welfare state along with the NHS, the difference being that it costs more now due to government waste, a monopoly on healthcare and the fact that you cannot choose what to spend your own money on.

Currently the UK spends just under 8% of GDP on healthcare whereas in America where they have a far inferior system that many people don't even have they spend over 16% of GDP on healthcare. The fact is that a nationalised industry like healthcare can be much more efficient than a private business because it can buy things en masse and it doesn't attempt to turn a profit. Obviously nationalised industries aren't always a good thing but for things like healthcare which every citizen should have access to they most certainly are.

The reason why the United States spends so much on healthcare is because of the fact that government is now creeping into the healthcare sector, in a real private economy (what we used to have and what the U.S. used to have) healthcare spending would be 0% of GDP. To call the NHS efficent is laughable, the breakup of the NHS would make the system far more efficent - of course it would mean many bureaucrat job losses which I guess is the reason why no government will touch is, jobs for the boys afterall.