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"a patchwork system of for-profit payers. Private insurers necessarily waste health dollars on things (unrelated to care): overhead, underwriting, billing, sales and marketing (plus) huge profits and exorbitant executive pay. Doctors and hospitals must maintain costly administrative staffs to deal with the bureaucracy (consuming nearly one-third) of Americans' health dollars." The potential savings from single-payer financing is "more than $350 billion per year....enough to" cover everyone at no more than the current cost and perhaps less depending on services provided and if government negotiates lower drug prices the way other countries do.
Consider the benefits - single-payer will cover "all medically necessary services, including: doctor, hospital, preventive, long-term care, mental health, reproductive health care, dental, vision, prescription drug and medical supply costs. Patients" will have free choice of providers, and doctors will "regain autonomy over patient care," no longer restricted by insurance company gatekeepers. Overall, health care in America will achieve a quantum leap improvement compared to the dysfuntional state it's now in, worse still if Obamacare passes.
"HR 3962: Affordable Health Care for America Act" - The Public Betrayal Act to Enrich the Insurance, Drug, and Large Hospital Chain Cartels
On November 7, by a narrow 51 - 49% majority, the House passed legislation former CIGNA executive, now critic, Wendall Potter calls "the Insurance Company Profit Protection and Enhancement Act." Add the drug and hospital chain cartels that will profit hugely if it's enacted.
Voting for it - 219 Democrats and one Republican. Against it were the remaining Republicans and 39 Democrats.
Among its supporters were cosponsors of "HR 676: United States National Health Care Act or the Expanded and Improved Medicare for All Act," including universal single-payer advocates:
-- Anthony Weiner (D. NY);
-- Danny Davis (D. IL), this writer's representative;
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