My understanding is that socialized healthcare isn't cheaper because it's subsidized, it's cheaper because it has a monopsony buying power when negotiating.
And to a lesser extent, I bet it can be marginally cheaper because of a reduction in redundant administration costs across multiple providers. But that, and all other of those facets are dwarfed by the single payer negotiating.
And to a lesser extent, I bet it can be marginally cheaper because of a reduction in redundant administration costs across multiple providers. But that, and all other of those facets are dwarfed by the single payer negotiating.