insurance/financing


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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Medicare For All Would Save $450 Billion Annually While Preventing 68,000 Deaths, New Study Shows

A study published in The Lancet medical journal found that $450 billion would be saved every year if the United States converted to a single-payer, Medicare for All healthcare system. It also concluded that lower income families would greatly benefit from a single-payer system.  Eliminating the current reality of profit over people, is another significantly positive factor.  

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Single Payer Systems Likely to Save Money in U.S., Analysis Finds

A new study from PLOS Medicine concluded that a single-payer, Medicare for All system would save money, even in its first year of implementation.  Researchers determined that costs would continue to go down over time, as well.

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A New Study Reveals the US Could Save $600 Billion in Administrative Costs by Switching to a Single-Payer, Medicare For All System

Zachary Hendrickson from Business Insider, reports on the rising healthcare administrative costs and their negative impact on us, their consumers and patients, with no end in sight. He cites several recent studies which support this data, as he makes the case against private insurers and for a single-payer system.

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Insurance Lobby Talking Points Don’t Come With Warning Labels

The healthcare industry is heavily involved with lobbying and has spent over $2 billion dollars in the past four years spreading an abundance of propaganda about healthcare, insurance and Medicare for All.

 

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Medicare for All 'Is What Patients Need': New Harvard Study Shows Even Those With Private Insurance Can't Afford Care

Another new report is out which maintains that even those who have private health insurance often cannot afford to go see their doctor.  Jake Johnson, from Common Dreams, reports that there are more people today than there were 20 years ago who are going without necessary medical services. Two of the main causes are due to "high-deductible plans and higher co-pays". A single-payer plan such as Medicare for All seems to be the financial answer to fixing the problem. 

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How a Single-Payer Healthcare System Could Save Money in a Year

A recent study reported in the PLOS Journal illustrated the benefits of a single-payer system with respects to healthcare costs.  The researchers conducted 22 different reviews and concluded that the cost savings benefits were undeniable and that implementing a single-payer system here in the United States would improve healthcare and save money. 

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