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Definition of Socialized medicine

Socialized medicine: A medical system like that of a socialist country, in which medical facilities and payments are under government, rather than private, control. Most industrialized nations, including the US, have medical systems under some combination of state and private control. For examples, socialized medicine is practiced in Canada and Britain.

Source: MedTerms™ Medical Dictionary
http://www.medicinenet.com/script/main/art.asp?articlekey=25521
Last Editorial Review: 3/19/2012

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