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"a comprehensive Medicare based Single Payer system can make significant contributions to access of quality care for all US residents and in the process generate a much needed and very substantial economic stimulus in the form of jobs, enhanced business and public revenues and increased wages for the population at large." All this for a small net $63 billion increase yielding much more in benefits.
According to Geri Jenkins, co-president of the National Nurses Organizing Committee/California Nurses Association (NNOC/CNA):
IHSP's analysis shows "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."
The study's lead author and director of the Institute for Health and Socio-Economic Policy (the NNOC/CNA research arm), Don DeMoro, added:
"If we were to expand our present Medicare system to cover all Americans, the economic stimulus alone would create an immense engine that would help drive our national economy for decades to come."
All for a tiny fraction of the Wall Street bailouts that looted the federal Treasury, gravely harmed the country, and delayed for a future time a far more serious day of reckoning.
Physicians for a National Health Program (PNHP) Support for Universal Single-Payer Coverage
PNHP calls the current system "outrageously expensive, yet inadequate" because of the 50 million or more uninsured and another 30 million or more underinsured. It spends more and delivers less through:
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