Personally, my proposal would be for government to provide a "catastrofic care" plan or "major hospitilization plan" which would be financed by an income tax similar to medicaid. It would cover major medical procedures only. My theory is that while only 5% of the population would actually have need for this if they were uninsured the government is on the hook regardless. Then allow people to much cheaper purchase private insurance plans to cover day to day doctors visits and such. As an add on since medicaid is generally used to finance trips to emergency rooms for people with minor illnesses, I would allow states to use medicaid funds from the FED to open free medical clinics in areas where they determing that they are necessary/ can save money. In a perfect world these clinics would be run privately but funded by medicaid dollars. Now we have the poor covered for major medical as well as through local clinics. The rest can purchase cheaper private insurance to cover their incidentals.
I'm curious to your thoughts.