Healthcare reform is absolutely necessary, but it will not be accomplished through a government takeover of another industry, which makes up 1/6 of the economy. The government has no business in areas such as micromanaging healthcare or education. Socialized medicine or nationalizing the healthcare industry has never worked, and it won't work here.
What the government could do is to eliminate the barriers to free market competition. This would reduce costs. This would bring about real healthcare reform. We need to open up the market for health insurance plans to be sold across state lines. We need to begin to privatize some of the federal programs such as Medicare and Medicaid.