Is that really different from what we have now? The only difference I see from what we have now is the part about Medicare/Medicaid going away. Again, I don’t really see that ever happening as there will always be people who never purchase any insurance yet they will become ill and injured. If the govt. has to pay for them, we still have Medicare/Medicaid.
And as far as “basic” insurance goes, I’m sure the govt will get to determine what basic is and that will be much more extensive than most basic insurance coverages today. Also, just like today, more and more people will be complaining as they see the rich get the special treatment with no waiting. They will want the same and will petition the govt to get it from the insurance companies. Can you say higher and higher costs?
What we have today is a large number of people over using emergency rooms. And ending up in ERs because they didn’t get basic checks ups when the problem was small. Yes, some of them are illegals, but many of them are just folks without insurance.