Healthcare

Charlie Munger Endorses Single-Payer Medical System

“Having a basic level of care for everybody with no insurance aspect as a right I think is a good idea.” — Charlie Munger

Charlie Munger, Warren Buffett’s long-term partner in Berkshire-Hathaway Inc. (NYSE: BRK.B), usually offers a counter to Buffett’s social democrat policy recommendations, such as higher progressive taxes.

But Munger, who says he is “not a normal Republican,” shocked people by endorsing a “single-payer” medical system similar to what operates in all of Europe and Canada.

A single-payer system sounds appealing — citizens get “free” medical services, including expensive surgery, which is then paid for by the government. In other words, the taxpayers cover the expense.

Click here to read the full article, “Berkshire-Hathaway’s Charlie Munger Endorses Single-Payer Medical System.”


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