Single-Payer Would Save PA $17 Billion Annually

March 7, 2013 by  
Filed under Single-Payer News

Health Care for All PA, a statewide non-profit organization today released an economic impact study. The results prove that a single-payer health care plan will save families, businesses and tax payers $17 billion annually while at the same time providing comprehensive health care to all.

This study was done by University of Massachusetts – Amherst professor of economics Gerald Friedman, Ph.D. It compares the cost of the current for-profit health insurance model in Pennsylvania whereby provider choice is limited and health services are rationed by health insurance companies to that of a consumer-driven health care system which lets people have the freedom to choose their own doctors, hospitals and health care providers.

Some of the important advantages of a single-payer system are:

- Comprehensive coverage for every resident of Pennsylvania, including dental, vision and mental health services;

- Eliminates the need for hospitals to absorb the cost of care for the uninsured;

- Reduces bureaucracy for private physicians resulting in reduced administrative costs and improved compensation for private physicians;

- Reduces or eliminates health insurance over-costs for small business, allowing for more job creation, greater reinvestment of profits, and reduced workers’ compensation costs.

- Radically reduces the total cost of health care to levels more consistent with costs in the rest of the industrialized world.

Download the full study and/or the summary.

Comments

12 Responses to “Single-Payer Would Save PA $17 Billion Annually”
  1. Ed says:

    Oh no, we can’t do that! The rich doesn’t like that, so we need to give the devil a name…Oh yea; Socialism!!! America doesn’t want to be like all the other industrialized nations, we pride ourselves on our “freedom”.. Even if it means 20,000 people die a year from lack of medical care. Stabadelic baby….YEEEEAAAA!!!!

  2. Ed says:

    Winston Churchill made sense of it all when he said; “America always does the right thing,,,, after they’ve tried everything else.”

  3. Bruce says:

    And the ~ $TRILLION it would save US ALL:
    http://www.youtube.com/watch?v=fpAyan1fXCE ; the Lying DEM RENEGER!

  4. Jan H says:

    California has just slithered away from going forward w/ its own Single Payer bill (no “sponsor” in the state capital because Democratic leadership wants to give PPACA 2010 (Obamacare) a chance! Gov Brown doesn’t want to be embarrassed w/ vetoing the SP bill because it looks like a challenge to the Obama administration. Baloney!
    This is what happens when political parties do things “top-down”; they sacrifice good ideas for the sake of reduced opposition, but they end up developing opposition in their own ranks. The grassroots progressives have studied SP, worked for it, educated themselves and the public on its merits, & get ignored or marginalized because politicians fear losing campaign support from insurance companies (Thanks Citizens United!).
    Look @ what Senator Max Baucas did to SP advocates in Washington before Obamacare passed. Nurses and Docs sent to jail- don’t they know more about health care than electeds & insuraqnce CEOs?

  5. Daniel Murphy says:

    I admit, it took me a while to understand the evils of the American health care system. I’ve been blessed with good health, never had a problem being ‘approved’ for coverage. Which means people not as lucky as me were often denied health insurance ‘BECAUSE THEY WERE GOING TO USE IT’. This industry is, in and of itself sick with huge masses of corporate greed, running unchecked and creating death and economic destruction in every corner of this nation. This wicked industry is an example of how we Americans can be sucked into a lie, even to the point of blaming folks for their inability to find affordable health insurance. We have allowed actuaries to carefully study their tables to determine our level of humanity in this country. What horrendous sin…Free markets are the answer : my ass.

  6. snaks says:

    everytime i write a check to anthem i feel like i am paying protection to a mafia like racket, not a company looking out for me…. medicare part ‘e’, for everyone will happen when the paying pool is too small, maybe next year it all falls down…

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    Contact timalantoo@hotmail.com for Way 2cut $500 billion from fed budget w/no newtaxes

  8. morekare says:

    The only people who benefit from the present form of health coverage in the United States are the health insurance companies. Single payer health coverage would save everybody money and will put the health insurance companies OUT OF BUSINESS! GOOD RIDDENS!

  9. Reach Across America Volunteer says:

    It only takes an announcement in a communities across the USA that RAM, VOSH, Illumination Foundation, Care Harbor, CURE Foundation, Maria Schriver’s House Call for Women, et al, to attract an army of truly poor people, many who could not afford any health care for many years. There are still lines of unserved when these clinics must. close. With a single payer health system, such clinics would not be needed.

  10. Ed says:

    S/P would eliminate the need to marry just to collect on their spouses medical benefits; http://www.fathersandfamilies.org/enews/cv/enews-20130215.html
    The medical benefits he could provide were far too tempting for her to resist. She simply lied to Brandon and went through with the wedding knowing she was laying the burden of supporting her lover’s child on Brandon.

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