Thursday, August 5, 2010

Myth: Cost Will Skyrocket Under Single Payer


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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