21 Apr '12, 11pm

If Obamacare Fails, Can We Talk About Back Single-Payer Health Care? | Care2 Causes

If Obamacare Fails, Can We Talk About Back Single-Payer Health Care? | Care2 Causes

The stakes may be higher than ever, since a single-payer system would save Americans $570 billion , reports economist Gerald Friedman in Dollars & Sense . Though a single-payer system “would raise some costs by providing access to care for those currently uninsured or under-insured, it would save much larger sums by eliminating insurance middlemen and radically simplifying payment to doctors and hospitals. While providing superior health care, a single-payer system would save as much as $570 billion now wasted on administrative overhead and monopoly profits.” In the midst of a recession, with great need to invest in renewable energy sources, education, sustainable transportation, and local food systems, Americans may have a chance to do more with their money than line the pockets of insurance company shareholders.

Full article: http://www.care2.com/causes/if-obamacare-fails-can-we-tal...

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