Thursday, February 02, 2006

Five Myths About National Healthcare

[Tyler Zimmer, Campus Progress]

Myth #1: It would be too expensive

UHC would actually reduce the cost of health care. The Congressional Budget Office estimated that UHC could save up to $14 billion annually by spreading the risk evenly over the entire population, eliminating deductibles and co-pays and making preventive medicine available to the poor and uninsured. The federal government already subsidizes private health insurance in the form of tax deductions.

Private insurance companies also spend billions on administration and overhead, advertising, and determining and inspecting patient eligibility, all while trying to make a profit. UHC would not be burdened with some of those costs, like advertising, and unlike private business, it could run at a loss and still be viable. . .

Myth #2: It would require a huge, inefficient bureaucracy

The current system is already a huge, inefficient bureaucracy! As previously mentioned, much of the unnecessary overhead and micromanaging in the system now could be eliminated if UHC were implemented. For example, the bureaucracy and paperwork involved in determining patient eligibility would be completely unnecessary if everyone were eligible and covered. Insurance companies spend an estimated 25 cents of every dollar on administration. Canada, which already has a comprehensive UHC in place and still manages to pay 70 percent less per citizen on health care, spends about the equivalent of about 12 cents of every dollar on administration.

Myth #3: It would restrict patient choice

UHC wouldn't directly dictate what doctor you have to see in order to get treatment and would thus enable more choice in selecting a physician than the current system would for many, if not most, Americans.

Myth #4: It would be a socialist seizure of the medical industry

It would be nothing of the sort. Socialized medicine would entail hospitals and doctors becoming employees of the state. UHC only provides funding for people's health care, but doesn't provide the health care itself. . . UHC would be no more socialist than Medicare and arguably less so than public education.

Myth #5: UHC would impede economic growth

An added benefit of UHC would be that private business would no longer have to worry about health-care benefits, and employees wouldn't have to remain in unpleasant jobs just to keep their benefits. Benefits wouldn't interfere with wage increases, and employers would have more financial mobility. . .

http://www.alternet.org/wiretap/31196/

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