We need to scrap the Affordable Care Act and start over. (USA Politics)

I'm not a fan of the Affordable Healthcare Act - otherwise known as "Obamacare." However, it's not for the usual reasons. I don't think it's an invitation for death panels or socialist monsters marching down our street and forcing healthcare on the unwilling. I don't think it will seriously degrade the current situation. I just don't think it's the right solution.

I'll begin with the thesis as follows: Healthcare, to the extent that a society and economy is capable of supporting it, is a basic human right. It should not matter whether one is rich or poor, a broken leg should be fixed, cancer should be cured, the diabetic should receive insulin, and people should have access to the proper preventative care.

The Government currently has THREE forms of socialized healthcare - the Veterans' Administration, Medicare, and Medicaid. Then, everyone who isn't a veteran, disabled, poor, or elderly is lumped into a big mass and required to purchase or obtain healthcare from employers. They are required to do so from for-profit agencies which do not have the best interests of that mass in mind.

Two things are wrong with this picture:
1) Having three different agencies handling the nation's health is ridiculous, inefficient, and stupid. It's a duplication of effort and a prime example of government waste.
2) It is entirely indefensible to make profit directly off of human suffering. Forcing Americans to rely on private business to have a soul is like trusting your child to an angry badger. Now, I like capitalism as much as the next guy, but I'd rather not trust my health treatment to someone who wants to maximize the buck they are making off of me.

The conclusion is that we need a comprehensive reform of the medical system to establish a nationwide healthcare system, preferably a line of public hospitals, but possibly a basic insurance setup provided by the government. Common complaints are that this would result in long wait times for important procedures and inferior care to the best private hospitals. Each of these objections are true, but some care is always preferable to none, and my answer is that the public system can not and should not cover all patients.

In supplementation to a public healthcare system would be the private insurance companies and private hospitals, who would compete against both each other and the government for quality of care and cost effectiveness. In this way, everyone will have access to acceptable, basic healthcare, and those that can afford it have access to care at any standard they wish to pay for. It's a win-win for everyone.

Furthermore, I contend that it will decrease nationwide healthcare costs tremendously. As illustration:



This is indefensible. It is entirely unsustainable for a nation to spend nearly 1/5th of its entire gross national product on healthcare.

Discuss.