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16 January 2004

Call the Tidy Bowl Man!

Another $286BB down the drain to deal with health insurance paperwork. Remember when Hillary was pilloried for even suggesting national healthcare? Seems like the only thing that makes rational sense given the economics of health care these days. To quote:


[I]f a national health care plan like Canada's were implemented in this country, [researchers at Harvard Medical School] found, administrative overhead would be slashed by about $286 billion.


This amount, in turn, would be sufficient to not only provide health coverage for every uninsured American nationwide but also allow millions of underinsured people to improve their quality of care.

...

In California, [the Harvard researchers] found, nearly $163 billion was spent last year on health care. Of that total, $45 billion, or about 28 percent, went to administrative costs.

With Canadian-style universal coverage, the researchers concluded, Californians would save almost $34 billion annually on administrative overhead. This would provide more than $5,000 for each of the state's nearly 7 million uninsured.

"As it stands," Himmelstein said, "you could insure all uninsured people for about $1,500 per person. The administrative savings would thus leave plenty of money to upgrade coverage for others."

Hey, Arnold, what about that???

I know I could do without the endless forms, mass confusion, and denial of coverage...

Posted to Ether by Terrence Talbot at 8:37 PM
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