insurance/financing


A Lesson for AMERICA? Taiwan’s Single-Payer National Health Insurance

Tsung-Mei Cheng details the single-payer system in Taiwan and why it works so well for everyone.  She shares how single payer got started and how it works, as well as the financing aspect of the Taiwanese healthcare system.  She also provides insights into their National Health Insurance. 

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$3,278 ER Visit for Coughing Fits and Fever Amid Covid-19 Pandemic Highlights Failure of For-Profit System

After going to Denver Health for severe COVID-19 symptoms, a patient was told he did not meet the official requirements therefore could not receive the COVID-19 test.  It was assumed he was positive, so he was sent home to self-quarantine.  Subsequently, he received a bill for $3278 for his visit to the ER.

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Extended Medicare For All: Financial Approach

Research documents describe a financial plan for implementation of social health insurance; Introduction, Extended Medicare for All Framework, Consolidation of US Health Insurance, Expanding and Improving Medicare, Drug Prescription Plan, Financing: Extended Medicare for All, and APPENDIX: Presentation-The Best Health Insurance Plan, February 2020.

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Medicare for All: Covid-19 Shows When It Comes to Health, the Government Is Your Friend, the Private Sector Sees You as an ATM

Fear tactics are being used as an attempt to shift support away from Medicare for All.  Don't listen to the "manufactured confusion" and follow the facts.  Your health depends on it. 

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22 Studies Agree: 'Medicare for All' Saves Money

"The evidence abounds: A 'Medicare for All' single-payer system would guarantee comprehensive coverage to everyone in America and save money." In January a research team published their evaluation of formal economic studies of 22 national and state single-payer proposals over the past 30 years. The largest savings - 75% administrative cost savings ($600 billion annually) - is attributed to simplified single-payer billing. 

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US Hospitals Are Sick With COVID-19. Here's the Treatment

In the midst of the COVID-19 epidemic, healthcare workers continue caring for their patients in hospitals, in clinics, by phone calls and via phone conferencing. Not everyone is getting paid for their bravery, yet they never cease taking care of patients.   Hospitals need money to keep their doors open so they can continue to provide quality care, yet this pandemic is causing them to lose a significant amount of money. Dr. Robbie Goldstein believes that a Medicare for All system is the answer.

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Pretense of Private Health Insurance "Choice"

A frequent assertion by the commercial health insurance industry, echoed by mainstream media and many candidates, is the need for greater 'choice' of private health insurance. However, experience demonstrates that 'choice' remains with insurers, who arbitrarily drop unprofitable plans, medicines, doctors and hospitals, too often leaving the insured high and dry. Insurers can and do choose to cover the healthy, more profitable clients, and drop the sick. Insurance science proves that a single large risk pool insurance like traditional Medicare is much more actuarially sound and financially sustainable than multiple administratively complex small risk pool commercial insurers.

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Healthcare Companies Start Price Gouging As Demand Surges During Pandemic

Healthcare companies are putting profit over people!  Now that healthcare workers are in dire need of face masks, instead of charging 58 cents per mask, companies are now charging $7.00 per mask.  Farron Cousins from the Ring of Fire Network reports that this shameful practice should be illegal.

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Financing Extended Medicare for All

Understanding current Medicare structure and law leads to a logical extension of Medicare that includes all Americans. We provide a summary that defines implementation of a financial plan for an Extended Medicare (aka Medicare for All).  We compare 2020 Medicare with Extended Medicare for All to demonstrate financing for those 65 and older, those under age 65, and prescription drug coverage for all Americans.

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The Lie of Healthcare 'Choice'

"In our corporate-run health system, consumer "choices" are shaped entirely by profit-seeking monopolists."  Jim Hightower is fed up with insurance companies, along with hospitals and drug companies, ripping off the American people.

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