| The amount that Americans spend on health insurance today through employer programs and private policies would pay for a single-payer universal health care system. | ||||||||||||||||||||
| Social Security is a model of efficiency, requiring only a single percent in administrative costs. Compare that to the insurance corporations that suck out one-third of our healthcare dollars to pay for their corporate bureaucracies, executive salaries, marble palaces, and advertising. Source: Jim Hightower - SOCIAL SECURITY WORKS 11/18/2003
Source: compliled from "The Medical Money Pit" by Paul Krugman = New York Times - 4/15/05 The fact is that the mainly private U.S. health care system spends far more than the mainly public health care systems of other advanced countries, but gets worse results. In 2001, we spent $4,887 on health care per capita, compared with $2,792 in Canada and $2,561 in France. Yet the U.S. does worse than either country by any measure of health care success you care to name - life expectancy, infant mortality, whatever. And the U.S. system does have very high overhead: private insurers and H.M.O.'s spend much more on administrative expenses, as opposed to actual medical treatment, than public agencies at home or abroad. Source: "America's Failing Health" by PAUL KRUGMAN - New York Times - August 27, 2004 |
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