Wednesday, August 19, 2009

Single payer the only sensible solution

The cost of our current health insurance system is staggering. Private insurers have an overhead rate of 30%, ten times that of federal plans like Medicare. Dealing with thousands of different plans costs the average doctor $85,000 per year. Insurers' failure to provide true full coverage is by far the leading cause of both bankruptcies and personal injury lawsuits. And placing responsibility for coverage on employers has clobbered our workers' competitiveness in the global marketplace.

Using taxpayer funds to expand this idiotic system would bankrupt us.

The only workable way to truly reform health care is to throw out the fat and start over with a lean single payer system. The rest of the developed world has already done so.