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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSingle-Payer Would Save PA $17 Billion Annually
http://www.healthcare-now.org/single-payer-would-save-pa-17-billion-annuallyHealth Care for All PA, a statewide non-profit organization today released an economic impact study. The results prove that a single-payer health care plan will save families, businesses and tax payers $17 billion annually while at the same time providing comprehensive health care to all.
This study was done by University of Massachusetts Amherst professor of economics Gerald Friedman, Ph.D. It compares the cost of the current for-profit health insurance model in Pennsylvania whereby provider choice is limited and health services are rationed by health insurance companies to that of a consumer-driven health care system which lets people have the freedom to choose their own doctors, hospitals and health care providers.
Some of the important advantages of a single-payer system are:
- Comprehensive coverage for every resident of Pennsylvania, including dental, vision and mental health services;
- Eliminates the need for hospitals to absorb the cost of care for the uninsured;
- Reduces bureaucracy for private physicians resulting in reduced administrative costs and improved compensation for private physicians;
- Reduces or eliminates health insurance over-costs for small business, allowing for more job creation, greater reinvestment of profits, and reduced workers compensation costs.
- Radically reduces the total cost of health care to levels more consistent with costs in the rest of the industrialized world.
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Single-Payer Would Save PA $17 Billion Annually (Original Post)
eridani
Mar 2013
OP
Lugnut
(9,791 posts)1. K&R! n/t
Vinnie From Indy
(10,820 posts)2. Here is one more story that the mainstream media will bury
A quick Google News search shows only OpEd News and a few others are reporting this study at this time.
eridani
(51,907 posts)3. Yes--so spread the word to your contacts n/t