Single-payer healthcare

Single-payer healthcare is a system where a single public agency, often the government, finances healthcare services for all residents. Instead of multiple private insurers, the government collects taxes to pay for most or all healthcare costs, ensuring universal coverage. Healthcare providers may remain private, but the funding comes from a unified source, simplifying administration and reducing costs. This system aims to improve access, eliminate financial barriers, and promote equity in healthcare, while typically focusing on efficiency and cost control through centralized management.