Germany has a better implementation.
I was against that sort of system here because I simply don't trust the government to run large bureaucracies. They have shown time and time again that they are not good at it and I don't want to hand them more power over our lives.
However... that is a theoretical belief. In practice I have two experiences with family members afflicted by serious diseases (cancer) who cannot afford health care. They are allowed to *almost* die and, when it gets bad enough, they get emergency care. By that time it is too late. No preventative care is offered.
Seeing this happen twice I am willing to put my philosophical beliefs aside and accept this law (as if I had a choice). However, I can't stand how it is being implemented. Why do insurance companies exist? To measure risk and put a number on it. With this new law they are made irrelevant overnight; there is no more risk to measure and they are guaranteed a huge customer base.
So why do they continue to exist? I think we all know the answer to that. So we are forced to subsidize this middle-man who brings nothing to the table. Crap. It pisses me off.