#16745 - 06/25/09 01:39 PM
Re: Gary Murrell - waiting.
[Re: Beavis H. Christ]
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Carpal Tunnel
Registered: 04/08/09
Posts: 3232
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None of those other 29 countries are being bankrupted by their health care systems. None of them. Within six months the NHS will be operating at an annual 20 - 32 billion dollar deficit.
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"The true engine of economic growth will always be companies like Solyndra"...B.O.
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#16749 - 06/25/09 01:52 PM
Re: Gary Murrell - waiting.
[Re: Brit]
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Pooh-Bah
Registered: 12/03/08
Posts: 1950
Loc: Xalapa, Veracruz Mexico
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There is likely far more discussion regarding a single payer system on these boards than from those politicians currently in power to implement such a system. I wouldn't expect to hear it from republicans, but why aren't we hearing it from democrats? I suspect it's because huge political contributions (aka legal bribery) carry more weight than voter concerns, and the politicians are all too happy to oblige. Indeed.
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Strive for the ideal, but deal with what's real.
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#16750 - 06/25/09 01:59 PM
Re: Gary Murrell - waiting.
[Re: ikayak]
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Carpal Tunnel
Registered: 07/08/08
Posts: 3274
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None of those other 29 countries are being bankrupted by their health care systems. None of them. Within six months the NHS will be operating at an annual 20 - 32 billion dollar deficit. Britain spends 9.1% of their GDP on health care, or $3185 per person. The US spends 16%, or $7380 per person. Their budget deficits are irrelevant. If they doubled what they collect, they'd still be spending less than us and would be running a massive surplus. We ARE being bankrupted by healthcare costs. It shares a large part of the blame for our inability to compete in trade. Simply because a large portion of it doesn't show up in a government budget doesn't make it any less onerous. But NHS isn't single-payer, it's nationalized medicine.
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It is by having hands that man is the most intelligent of animals - Anaxagoras
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#16751 - 06/25/09 02:00 PM
Re: Gary Murrell - waiting.
[Re: ikayak]
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Carpal Tunnel
Registered: 07/08/08
Posts: 4522
Loc: State of Euphoria
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Within six months the NHS will be operating at an annual 20 - 32 billion dollar deficit. Wow! The entire health care system of Great Britain functions at a 20 - 32 billion dollar deficit? Not bad. Isn't that about a month in Iraq? If you want to account for population differences that would be between 100 to 160 billion for the US. That's a lot of money for you and me. But, it seems like a bargain for the nation.
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It's not where you take things from - it's where you take them to. Jean-Luc Godard
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#16753 - 06/25/09 02:13 PM
Re: Gary Murrell - waiting.
[Re: Stash]
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Carpal Tunnel
Registered: 04/08/09
Posts: 3232
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Except many are admitting that it's not sustainable.
More people in the UK are buying PMI each year. Why would they spend the extra money on top of outrageously high taxes if the single payer system is so wonderful?
And 90% of the population in France also carries private health insurance.
_________________________
"The true engine of economic growth will always be companies like Solyndra"...B.O.
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#16756 - 06/25/09 02:27 PM
Re: Gary Murrell - waiting.
[Re: ikayak]
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Carpal Tunnel
Registered: 07/08/08
Posts: 3511
Loc: Heaven. Yeah, cool.
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None of those other 29 countries are being bankrupted by their health care systems. None of them. Within six months the NHS will be operating at an annual 20 - 32 billion dollar deficit. http://www.nchc.org/facts/cost.shtmlNational Health Care Spending
* In 2008, health care spending in the United States reached $2.4 trillion, and was projected to reach $3.1 trillion in 2012.1 Health care spending is projected to reach $4.3 trillion by 2016.1 * Health care spending is 4.3 times the amount spent on national defense.3 * In 2008, the United States will spend 17 percent of its gross domestic product (GDP) on health care. It is projected that the percentage will reach 20 percent by 2017.1 * Although nearly 46 million Americans are uninsured, the United States spends more on health care than other industrialized nations, and those countries provide health insurance to all their citizens.3 * Health care spending accounted for 10.9 percent of the GDP in Switzerland, 10.7 percent in Germany, 9.7 percent in Canada and 9.5 percent in France, according to the Organization for Economic Cooperation and Development.4
Employer and Employee Health Insurance Costs
* Premiums for employer-based health insurance rose by 5.0 percent in 2008. In 2007, small employers saw their premiums, on average, increase 5.5 percent. Firms with less than 24 workers, experienced an increase of 6.8 percent.2 * The annual premium that a health insurer charges an employer for a health plan covering a family of four averaged $12,700 in 2008. Workers contributed nearly $3,400, or 12 percent more than they did in 2007.2 The annual premiums for family coverage significantly eclipsed the gross earnings for a full-time, minimum-wage worker ($10,712). * Workers are now paying $1,600 more in premiums annually for family coverage than they did in 1999.2 * Since 1999, employment-based health insurance premiums have increased 120 percent, compared to cumulative inflation of 44 percent and cumulative wage growth of 29 percent during the same period.2 * Health insurance expenses are the fastest growing cost component for employers. Unless something changes dramatically, health insurance costs will overtake profits by the end of 2008.5 * According to the Kaiser Family Foundation and the Health Research and Educational Trust, premiums for employer-sponsored health insurance in the United States have been rising four times faster on average than workers’ earnings since 1999.2 * The average employee contribution to company-provided health insurance has increased more than 120 percent since 2000. Average out-of-pocket costs for deductibles, co-payments for medications, and co-insurance for physician and hospital visits rose 115 percent during the same period.6 * The percentage of Americans under age 65 whose family-level, out-of-pocket spending for health care, including health insurance, that exceeds $2,000 a year, rose from 37.3 percent in 1996 to 43.1 percent in 2003 – a 16 percent increase.7
The Impact of Rising Health Care Costs
* National surveys show that the primary reason people are uninsured is the high cost of health insurance coverage.2 * Economists have found that rising health care costs correlate to drops in health insurance coverage.8 * A recent study by Harvard University researchers found that the average out-of-pocket medical debt for those who filed for bankruptcy was $12,000. The study noted that 68 percent of those who filed for bankruptcy had health insurance. In addition, the study found that 50 percent of all bankruptcy filings were partly the result of medical expenses.9 Every 30 seconds in the United States someone files for bankruptcy in the aftermath of a serious health problem. * A new survey shows that more than 25 percent said that housing problems resulted from medical debt, including the inability to make rent or mortgage payments and the development of bad credit ratings.10 * About 1.5 million families lose their homes to foreclosure every year due to unaffordable medical costs. 11 * A survey of Iowa consumers found that in order to cope with rising health insurance costs, 86 percent said they had cut back on how much they could save, and 44 percent said that they have cut back on food and heating expenses.12 * Retiring elderly couples will need $250,000 in savings just to pay for the most basic medical coverage.13 Many experts believe that this figure is conservative and that $300,000 may be a more realistic number. * According to a recent report, the United States has $480 billion in excess spending each year in comparison to Western European nations that have universal health insurance coverage. The costs are mainly associated with excess administrative costs and poorer quality of care.14 * The United States spends six times more per capita on the administration of the health care system than its peer Western European nations.14
Edited by Beavis H. Christ (06/25/09 02:29 PM)
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#16759 - 06/25/09 03:03 PM
Re: Gary Murrell - waiting.
[Re: Beavis H. Christ]
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Carpal Tunnel
Registered: 04/08/09
Posts: 3232
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We have some serious, serious problems in our system. And so do single payer systems. It's fantasy to think otherwise.
_________________________
"The true engine of economic growth will always be companies like Solyndra"...B.O.
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#16760 - 06/25/09 03:06 PM
Re: Gary Murrell - waiting.
[Re: ikayak]
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Carpal Tunnel
Registered: 07/08/08
Posts: 3511
Loc: Heaven. Yeah, cool.
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We have some serious, serious problems in our system. And so do single payer systems. It's fantasy to think otherwise.
Did I say single payer had NO problems? Where did I say that? I said single payer had problems but was more efficient and cheaper than the profit-based model, not to mention more humane--and in a way, moral. The health of our fellow humans should not be treated as a commodity. Thinking that our current system is superior to single-payer is a fantasy.
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#16763 - 06/25/09 03:16 PM
Re: Gary Murrell - waiting.
[Re: Beavis H. Christ]
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Carpal Tunnel
Registered: 04/08/09
Posts: 3232
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Did I say single payer had NO problems? Where did I say that? Where did I say that you said that?  not to mention more humane--and in a way, moral. I disagree and cite the interview I posted. The NHS is considering not performing any surgical procedures on anyone 70 or older - period - as a cost cutting measure. Is that moral and humane? Thinking that our current system is superior to single-payer is a fantasy .
_________________________
"The true engine of economic growth will always be companies like Solyndra"...B.O.
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#16769 - 06/25/09 03:23 PM
Re: Gary Murrell - waiting.
[Re: ikayak]
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Pooh-Bah
Registered: 12/03/08
Posts: 1950
Loc: Xalapa, Veracruz Mexico
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Look, there is no less expensive manner of providing health insurance to all than a single payer system. It seems to me that the provision of health care to all at the lowest cost certainly fulfills one of the purposes for which our forebears created our government, to "promote the public welfare".
Under a single payer system the only difference between the current system would be that there would be no profits to pay, no advertising costs, no corporate jets and etc., and no excessive executive compensations and bonuses. The same folks who now work in the insurance industry would still be doing what they now do, except they would not focus there efforts to cancel folks' coverage when they get sick or to exclude those with pre-existing conditions. The focus would be on providing quality care at reasonable costs, not on generating more profits.
A single payer system ain't going to happen immediately as Congress is essentially bought and paid for by the medical/pharmaceutical/insurance combine. But a "public option" seems attainable, so let's at least give it a try.
I notice Sen. Specter has announced his support for a public option.
_________________________
Strive for the ideal, but deal with what's real.
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