Health Secretary Goes Begging to Insurance Companies

[bornskeptic]

17. You can claim that it would reduce overall healthcare costs, but the government

still would need to come up with the money to pay the bills. If you eliminate the insurance companies, the government will have to hire undreds of thousands of people to process claims. Actually, insurance company profits make up less than 1% of US healthcare costs. If you want to save big money, you have to look at providers, including drug companies, medical equipment manufacturers, and home healthcare providers. Then maybe we could do something about the exorbitant cost of medical school education, which require doctors to charge excessive fees to have any hope of erasing their educational debt. There are plenty of arguments that can be made for single payer, but it's not a magic elixir that will cure all the ills of our bizarrely contorted healthcare system. To get back to the original point, the Republican Congress wouldn't provide funding for single payer either.