Socialized medicine is a term used to describe and discuss systems of universal health care: medical and hospital care for all at a nominal cost by means of government regulation of health care and subsidies derived from taxation.
Universal health care, sometimes referred to as universal health coverage, universal coverage, or universal care, usually refers to a health care system which provides health care and financial protection to all citizens of a particular country.
Health care or healthcare is the maintenance or improvement of health via the diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments in human beings.
A tax is a financial charge or other levy imposed upon a taxpayer by a state or the functional equivalent of a state to fund various public expenditures.
Ted Cruz: 'Socialized Medicine Is A Disaster, It Does Not Work' by Secular Talk
Because of historically negative associations with socialism in American culture, the term is sometimes used pejoratively in American political discourse.
Socialism is a range of economic and social systems characterised by social ownership and democratic control of the means of production; as well as the political ideologies, theories, and movements that aim at their establishment.
A pejorative is a word or grammatical form expressing a negative connotation or a low opinion of someone or something, or showing a lack of respect for someone or something.
Milton Friedman - Socialized Medicine by LibertyPen
The term was first widely used in the United States by advocates of the American Medical Association in opposition to President Harry S. Truman's 1947 health-care initiative.
The American Medical Association, founded in 1847 and incorporated in 1897, is the largest association of physicians—both MDs and DOs—and medical students in the United States.
Harry S. Truman was an American politician who served as the 33rd President of the United States.