Socialized Medicine

Socialized medicine is a healthcare system where the government funds and manages health services for all citizens, aiming to ensure everyone has access regardless of income. Instead of paying for private insurance or services, healthcare costs are covered through taxes, and medical providers may be employed or regulated by the government. The goal is to promote equitable access to essential health care, reduce costs, and improve public health. While some countries have fully socialized systems, others combine private and public elements. It emphasizes health as a public good, prioritizing widespread access over profit.