1. A flowery, nicer sounding phrase for socialized medicine, a system where the government takes even more of your hard earned money to pay for a "free", sub-par healthcare system - where you and the doctors both suffer, because they get crap pay and you have to wait for days just to get a check-up.
2. Something that happens when you decide you'd rather let the government choose who takes care of you instead of yourself.
See also: pipe dream
1. People in the UK are notorious for having bad teeth because of "universal healthcare" in the dental department. Imagine what would happen if healthcare was socialized amongst all medical fields.
2. "Universal healthcare" assigned me to a specific doctor and put me in a long waiting list of people wanting to go see him. Sounds great.