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SHRED's Journal
Posted by SHRED in General Discussion
Thu Oct 13th 2011, 08:00 AM


Single-Payer National Health Insurance

~snip~

Single-payer financing is the only way to recapture this wasted money. The potential savings on paperwork, more than $400 billion per year, are enough to provide comprehensive coverage to everyone without paying any more than we already do.

Under a single-payer system, all Americans would be covered for all medically necessary services, including: doctor, hospital, preventive, long-term care, mental health, reproductive health care, dental, vision, prescription drug and medical supply costs. Patients would regain free choice of doctor and hospital, and doctors would regain autonomy over patient care.

Physicians would be paid fee-for-service according to a negotiated formulary or receive salary from a hospital or nonprofit HMO / group practice. Hospitals would receive a global budget for operating expenses. Health facilities and expensive equipment purchases would be managed by regional health planning boards.

A single-payer system would be financed by eliminating private insurers and recapturing their administrative waste. Modest new taxes would replace premiums and out-of-pocket payments currently paid by individuals and business. Costs would be controlled through negotiated fees, global budgeting and bulk purchasing.

~snip~

http://www.pnhp.org/facts/single-payer-res...

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My hunch is no considering the commercialization of insurance providers and pharmaceutics.
The fact that investors own stocks in the stock market and prescription drugs are advertised on television tells me extracting these would be a task that our politicians have neither the will nor the financial backing to do so.

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SHRED
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Ted
8918 posts
Member since Sat Nov 22nd 2003
Leucadia, CA
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