What is going to change? Doctors working for less money? Nurses working for less money? How is the government going to "fix" the problem with out making it cost more than it already does? Is it going to do so by adding a costly layer of governmental red tape bureaucracy?
zrocks, the point is not to add red tape bureaucracy but to provide a non-profit alternative. As I wrote above:
"depending on what reports you read (the reference I have is two Harvard medical economists) we waste about $350 billion a year - about 2% of GDP - that we wouldn't spend if we had universal health insurance. Insurance company risk evaluation is a huge waste and a drain on the system.
It's not that I have anything against anyone making a profit, it's that it serves no public good in this case. Not everything should be for profit."
Now, ideally I'd be in favor of a single payer system - meaning the insurance companies are gone - because I don't believe that medical insurance needs to make a profit. But that's not possible politically, so the next best thing is a public option to force the price down and change the game.
Note that this is not socialized medicine - as they have in the UK for example - because the doctors don't get paid by the government. It's a national health insurance program.
So changing the way healthcare is financed is the central part of it. There's a lot more to the proposal, of course, including preventative medicine. Given that something like 16% (if I remember right) of our healthcare expenses are related to what and how much we eat - obesity, diabetes, congestive heart disease - that seems like a great move.