Vermont becomes the first state to take the first step toward single-payer health insurance for all. If all goes as planned, the state will adopt single-payer by 2017.
Not only will the plan save money, but it will eliminate the need for employers to provide health insurance to their workers, creating jobs. And even more savings are possible, as it allows the state to negotiate rates with health care providers and drug companies.
When I lived in New Zealand, I noticed another benefit — car insurance was a fraction of what it costs here, since it did not have to include coverage for injuries.