The state of Maine has also attempted to provide "universal coverage" for its residents for many years, with predictably poor results. According to this recent NY Times article, instead of saving money, the program costs continue to explode, and the state officials are considering what sort of cutbacks to implement. Rationing is just one short step away.
Interestingly enough, one of the supporters of the plan is quite explicit about the central problem. She states, "This program needs healthy people who don't get subsidized so it can prosper." In other words, it needs a massive forced redistribution of wealth from one group of citizens to pay for the health care of another group of citizens who otherwise couldn't pay for it themselves.
Yet for some reason, supporters of "universal health care" refuse to call these systems by their real name -- "socialized medicine"! (Via Jason Spears.)