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Old 10-17-2012, 04:18 AM
 
4,255 posts, read 3,478,526 times
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A simple question for those who support single payer.

How do you plan on paying for it?

End the wars? wars are not being paid for now, they are on the credit card. Ya cant put a program that is 10 times the cost and forever on the credit card.

Tax the rich? That would cover about a weeks worth.

So please explain to me how single payer will be payed for and how that will improve my life.
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Old 10-17-2012, 04:51 AM
 
Location: Somewhere Out West
2,287 posts, read 2,586,879 times
Reputation: 1956
Well a couple of things immediately come to mind:

1) Efficiency. My doctor in the U.S. had 4.5 admin staff just for him, my doctor in Canada shared 1 admin with 4 other doctors. Clearly if the admin costs are that much lower, the reimbursement could also be lower to reflect that, without affecting the doctor's net pay.

2) Profits. Right now built into the premiums charged for health insurance is a high profit and admin level cost for the insurer. With single payer, that is gone. Canada's system is not-for-profit; that fact alone probably reduces the costs by 20% off the top.

3) Medical Insurance. Currently some doctors run a battery of tests on patients for fear of being sued if they miss something. That is much less the case in Canada. Do what tests are needed and stop running expensive tests just to avoid a lawsuit. Focus on patient care, not the financial aspect of health care and savings should be had.
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Old 10-17-2012, 04:52 AM
 
4,255 posts, read 3,478,526 times
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Quote:
Originally Posted by revrandy View Post
Well a couple of things immediately come to mind:

1) efficiency. My doctor in the U.S. had 4.5 admin staff just for him, my doctor in Canada shared

So your saying cutting jobs in healthcare is the answer?
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Old 10-17-2012, 05:07 AM
 
Location: Columbus
4,877 posts, read 4,505,763 times
Reputation: 1450
Quote:
Originally Posted by waterboy7375 View Post
A simple question for those who support single payer.

How do you plan on paying for it?

End the wars? wars are not being paid for now, they are on the credit card. Ya cant put a program that is 10 times the cost and forever on the credit card.

Tax the rich? That would cover about a weeks worth.

So please explain to me how single payer will be payed for and how that will improve my life.
They don't plan on paying for it.

They want someone else to pay for it.

That magically makes it cheaper.
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Old 10-17-2012, 08:46 AM
 
Location: Eastern WV Panhandle
385 posts, read 615,011 times
Reputation: 410
No need to worry, we have QE Infinity to cover it.
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Old 10-17-2012, 08:55 AM
 
Location: Greer
2,213 posts, read 2,841,818 times
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Canada has single payer health insurance and spends 45% less than the US does per capita on healthcare.

The question is not "how do we pay for it." The question, if we implement a good single-payer health insurance system like Candada has, is "what do we do with the extra money?"

source: http://en.wikipedia.org/wiki/List_of...%29_per_capita
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Old 10-17-2012, 08:58 AM
 
Location: Tyler, TX
23,854 posts, read 24,091,732 times
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Quote:
Originally Posted by waterboy7375 View Post
So your saying cutting jobs in healthcare is the answer?
Also, doctors will apparently be immune from malpractice lawsuits.
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Old 10-17-2012, 09:01 AM
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n/a posts
Quote:
How do you plan on paying for it?
Taxes. Simple. Raise rates by some appropriate amount to cover the cost.

The tax increase doesn't even need to be enough to make up for the premiums people/employers pay now, since such an enormous amount of the money we spend on healthcare gets wasted on layers and layers and layers of insurance company and hospital bureaucracy, profits for private insurance companies, paying for people who abuse the emergency room, etc. Tort reform could play a part too, although in states where that's been tried, it's been completely ineffective at lowering costs.
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Old 10-17-2012, 09:03 AM
 
Location: Londonderry, NH
41,479 posts, read 59,756,720 times
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I suggest an "all income from all sources" income tax with a 90th percentile deductable. They over all cost for health care (there would be no cost for insurance as none would be needed) would decrease with less private sector involvment.

Last edited by CaseyB; 10-18-2012 at 11:36 AM.. Reason: rude
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Old 10-17-2012, 09:03 AM
 
Location: Dallas, TX
31,767 posts, read 28,806,382 times
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Quote:
Originally Posted by waterboy7375 View Post
A simple question for those who support single payer.
How do you plan on paying for it?
Your question, answered here: Physicians for National Health Program
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