For anyone interested, Huffington Post has a very interesting article comparing the US market for health care vs five other capitalist countries who have designed health care systems.
- True health care reform for all could contribute significantly to U.S. economic recovery and provide immediate relief to ... taxpayers. The ability to access health care would alleviate a huge burden for those reeling under the weight of home foreclosures and job losses.
- [There are] numerous federal and state studies (now more than 20) that have demonstrated billions of dollars of savings with a single-payer model of health care reform that could provide comprehensive coverage for all.
- It is [the] insurance industry that has sucked the U.S. health care system dry by placing profits before health care, and gaming the system with tactics of bait-and-switch, denial and abrupt cancellation of coverage, inadequate disclosure, deceptive marketing, promotion of evermore limited benefit policies at increasing cost, restricted choice of providers, while creating the accelerating annual $20 billion industry of "Denial Management."
- 50% of U.S. personal bankruptcies are due to medical bills.
- Taiwan has the least administrative costs of all countries (2%), as providers bill the government directly. Information technology plus a smart card with each person's medical history facilitate health care.
With any luck at all, the health insurance companies will follow Georgie-Boy into the shadows--the deep, deep shadows.