Word: payers
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Kotlikoff's most interesting discussion is that there's no point debating the merits of socialized medicine, the one-payer system used in the U.K. It's already here, he says. It's just hugely inefficient, exemplified by many of the 47million uninsured turning to emergency rooms for care. The other piece of it, Medicare and Medicaid, is going broke as the ratio of retirees to wage earners rises dramatically with the aging of 77million baby boomers...
...care (and the increased amount of care results in lower quality of life); the uninsured receive none. One researcher estimates that the United States could save 30% of its health care costs if conservative (but effective) practices were adopted nationwide; another organization approximates national savings due to a single-payer health care system at $350 billion per year, more than enough to insure all Americans. These deep-rooted flaws mandate that the United States’ health care system undergo a complete overhaul, with the goal of universal health care coverage in a single-payer health care system. That goal...
...airing this week in Iowa, South Carolina, and Florida, calls Harvard’s decision to invite Khatami to speak on campus a “disgrace” and praises Romney for refusing to provide the former Iranian leader with “VIP treatment at tax payer expense...
Perhaps the greatest significance of the coming GM-UAW deal is that it's another step in the decline of employer-sponsored health care. UAW president Ron Gettelfinger says he would prefer a single-payer system, which would relieve the burden for both GM and the union. That won't fly, but presidential candidates will offer other ideas. The crisis in Detroit shows, in the extreme, that corporate paternalism in the form of health insurance has outlived its usefulness. GM's biggest mistake may have been to assume that it would always be strong enough to handle the promises...
...include an individual mandate, and therefore, does not reach true universal coverage). The leading Democratic contenders also include provisions that would allow people to buy into a government-run plan, similar to Medicare, which would amount to a test of both the support and feasibility of a "single-payer" system similar to Canadian and European systems...