Thursday, August 5, 2010

Myth: Cost Will Skyrocket Under Single Payer

Wrong.

Single payer is the only health care reform that will save enough money to insure everyone.

By eliminating the health insurance industry, we save $400 billion a year in administrative costs and profits.

We then use that money to insure those who lack insurance and fully cover those who are under-insured.

Yes, more people will be seeking health care because they will now have insurance. But they will be taking care of medical problems early, thus preventing more costly treatment later.

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