socialized medicine

from The American Heritage® Dictionary of the English Language, 5th Edition.

• noun A government-regulated system for providing health care for all by means of subsidies derived from taxation.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

• noun An umbrella term for any system of government-run health care.
• noun US, politics, idiomatic A politically charged term used to contrast such systems with free market alternatives and emphasize the perceived link to socialism.