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Real Health Care Reform - Universal Single Payer

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Stephen Lendman
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-- annual costs are rising at twice the rate of inflation;


-- in 2007, it was about $2.4 trillion or $7900 per capita;


-- estimated 2017 spending is projected to be $4.3 trillion or 20% of GDP;


-- for 2008, the average cost of health insurance for a family of four was about $12,700; it topped $4700 for single coverage but is much higher for older singles and those with a history of poor health;


-- employee contributions to company-provided coverage rose 120% since 2000; out-of-pocket costs for deductibles and co-payments rose 115%;


-- medical expenses are the leading cause of personal bankruptcies;


-- in normal economic times, about 1.5 million families lose their homes annually because of unaffordable medical costs; and


-- America spends six times more per capita on administrative costs than other industrialized nations.


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