This piece was reprinted by OpEd News with permission or license. It may not be reproduced in any form without permission or license from the source.
Covering the Uninsured
For a net total spending increase (net of the eliminated costs for the uninsured) of $44 billion "in 2006 values," a $120 billion in economic impact will be generated, 945,600 new jobs will be created earning $36.5 billion, and $16.5 billion in taxes will be raised. In addition, the formerly uninsured will pay a small premium above their current expense, but will get greatly enhanced care. Providers will also reduce losses because of non-payments, and emergency rooms will function as intended.
Medicaid
The current system is fragmented, inconsistent, expensive, and fails to provide the full range of preventive and routine care. Discontinuing it at the federal and state levels will generate a "total net direct economic impact" of $16.2 billion dollars breaking down as follows:
-- total new expenditures of $88.9 billion; and
-- discontinuance of $72.7 billion in costs.
Total economic activity will increase by $43 billion. About 336,900 new jobs will be created generating $14.3 billion annually, and tax revenue increases of $6.3 billion.
Medicare Coverage for the Privately Insured
Next Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
1
1
1
