Remember the two decades of fierce, fear-inducing, false attacks on Medicare? It would bankrupt the government, overwhelm hospitals and destroy our health-care system. Sound familiar?
Private health insurance has many times the administrative costs of Medicare. It also adds significantly to the operating costs of doctors’ offices and hospitals. Hospitals have more insurance billing and reimbursement clerks than beds. Universal, single-payer health care would dramatically reduce malpractice premiums (by eliminating the cost of future medical treatment). Focusing on costs without addressing all projected savings is irresponsible.
Why not admit that the political cost of moving to single-payer frightens too many interest groups?