Why competition in health care sucks

[eridani]

17. The job increases are not just in the health care field

All employers, government and private alike, would be free of wasteful private insurers and could therefore afford to take on more employees. (Of course the retraining issue is still there.)

Single Payer Health Care—a Stimulus for Economy with 2.6 Million New Jobs, $317 Billion in Business Revenue, $100 Billion in Wages
New study sponsored by the California Nurses Association


Full study: http://www.calnurses.org/research/pdfs/ihsp_sp_economic_study_2009.pdf

Establishing a national single-payer style healthcare reform system would provide a major stimulus for the U.S. economy by creating 2.6 million new jobs, and infusing $317 billion in new business and public revenues, with another $100 billion in wages into the U.S. economy, according to the findings of a groundbreaking study released on January 14, 2009.

The number of jobs created by a single-payer system, expanding and upgrading Medicare to cover everyone, parallels almost exactly the total job loss in 2008.

These dramatic new findings document for the first time that a single-payer system could not only solve our healthcare crisis, but also substantially contribute to putting America back to work and assisting the economic recovery," said Geri Jenkins, RN, co-president of the National Nurses Organizing Committee/California Nurses Association, which sponsored the study.