Tuesday, March 5, 2013
Press Release at the Healthcare for All PA/PUSH page
The Healthcare for All PA/ PUSH page has posted a press release from the state wide organization announcing the release of an economic impact study showing how a Single Payer healthcare system can cover everyone in Pennsylvania while controlling costs for businesses. It is reprinted below. There are many excellent posts on single payer at the Healthcare for All PA/ PUSH page and at the statewide organization site.
PRIMARY INVESTIGATOR IDENTIFIED BY EIS TEAM
FOR IMMEDIATE RELEASE
For immediate release
Health Care 4 All PA
Contact: Scott Tyson
Study Proves That Single-Payer Health Care is Best for Pennsylvanians And For the Commonwealth’s Economy
Erie, Pennsylvania February 26, 2013 -- Health Care for All PA, a statewide non-profit organization today released an economic impact study. The results prove that a single-payer health care plan will save families, businesses and tax payers $17 billion annually while at the same time providing comprehensive health care to all.
This study was done by University of Massachusetts – Amherst professor of economics Gerald Friedman, Ph.D. It compares the cost of the current for-profit health insurance model in Pennsylvania whereby provider choice is limited and health services are rationed by health insurance companies to that of a consumer-driven health care system which lets people have the freedom to choose their own doctors, hospitals and health care providers.
Some of the important advantages of a single-payer system are:
· Comprehensive coverage for every resident of Pennsylvania, including dental, vision and mental health services;
· Eliminates the need for hospitals to absorb the cost of care for the uninsured;
· Reduces bureaucracy for private physicians resulting in reduced administrative costs and improved compensation for private physicians;
· Reduces or eliminates health insurance over-costs for small business, allowing for more job creation, greater reinvestment of profits, and reduced workers’ compensation costs.
· Radically reduces the total cost of health care to levels more consistent with costs in the rest of the industrialized world.