Originally posted by WhatMoney
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The price gouging from drug companies, medical equipment and suppliers, Doctors, hospitals, and insurance companies would also be stopped. There is no reason why Health Insurance must be a for-profit business. It is NOT a for-profit business in most countries, yet they survive and prosper just like regulated utilities survive in this country. You have neglected the cost savings from all these changes - the savings would be so great that premiums for employers and employees would be reduced. The cost for insuring the 50 million uninsured Americans would be nothing even close to your numbers, when the net savings from the above factors are added in. And of course no taxes are spent insuring those who already have insurance through their employer.
Good Post.
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