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Pubmed Central is a archival system made by NIH that is an example of this kind of public model:

https://www.ncbi.nlm.nih.gov/pmc/about/intro/

Most NIH funded work is required to be deposited there, but at present, some journals place an embargo on new papers, giving them a year before they are available on PMC.

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Yes! Pubmed is great and the backbone of a lot of downstream work (e.g. literature mining), but only has the abstracts and is limited to bio/med (the NIH mandate).

AFAIK the problem that the OP points out would not have been fixed by Pubmed. It would keep the abstracts, but the full contents would become dead links because the publishers _own_ the full article at the end of the day (which is absurd IMO).

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