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socialized medicine

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.46 sec.
so·cial·ized medicine (ssh-lzd)
n.
A system for providing medical and hospital care for all at a nominal cost by means of government regulation of health services and subsidies derived from taxation.
socialized medicine,
n a system for the delivery of health care in which the expense of care is borne by a governmental agency supported by taxation rather than being paid directly by the client on a fee-for-service or contract basis.
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