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OpEdNews Op Eds    H2'ed 11/18/09

Universal Single-Payer Healthcare Coverage: An Economic Stimulus Plan

By Stephen Lendman  Posted by Stephen Lendman (about the submitter)       (Page 6 of 19 pages) Become a premium member to see this article and all articles as one long page.   3 comments

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-- elimination of $134.9 billion in state and local expenditures and $175.7 billion for the federal government;


-- for the privately insured, ending problems of eligibility, exclusions, family coverage, premium costs, high out-of-pocket ones, and likelihood to be uninsured if lose employment;


-- for employers, replacing their administrative and financial burden under a shared universal approach;


-- for taxpayers, a reduction of $56 billion in unnecessary, unproductive insurance costs; and


-- for the nation, joining the rest of the industrialized world that provides universal coverage.


Enhanced Medicare for All


-- adding 2.6 million Part A only enrollees and 15 million without Part D will cost about $59 billion, 62% publicly borne;


-- the added expense will generate an additional $154.7 billion in total economic activity, about one million new jobs earning $43.2 billion, and new tax revenues of about $21.2 billion.


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