Monday, January 18, 2016

Single Payer Health Insurance is far cheaper than our current Health Care

https://www.facebook.com/notes/grandparents-for-bernie-sanders/robert-reich-single-payer-would-be-far-cheaper-than-our-current-system/424232234438668

Bernie’s plan isn't nearly as radical as it will be portrayed. It builds on the strengths of Medicare. Like Medicare, it's universal -- separating health insurance from employment, and enabling people to choose a health care provider without worrying about whether that provider is in-network: All they’d need do is go to the doctor and show their insurance card. No more copays, no more deductibles and no more fighting with insurance companies when they fail to pay for charges.
Through a single national insurance system, we’ll no longer be paying for the marketing and advertising of private for-profit health insurers, nor their giant executive salaries, or their complex billing systems. Government will negotiate fair prices with drug companies, hospitals, and medical suppliers.
I’ve looked at the savings and the costs in Bernie’s plan, and it will work. The United States currently spends $3 trillion a year on health care —nearly $10,000 per person. Bernie’s plan will save American families and businesses over $6 trillion over the next decade. The typical middle-class family will save over $5,000 a year; the typical business will save over $10,000 a year. The costs for families and businesses will be far less than these savings.

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