Your Money or Your Health

Added on by PS Cat02.

Posted by Mimi.

My friend Corie went to the vet today because her tail was sore and swollen (she got bitten by a dog). She needed surgery, and luckily her big one had $500. Imagine what happens to people who don't have health insurance. (believe me - human being surgeries don't cost "only" $500!)

Healthcare is a right. Yet 47 million Americans are uninsured and millions more are underinsured. 18,000 people die every year because they are uninsured. People with insurance are bankrupted when they have a serious illness. People want universal healthcare and physicians want universal healthcare. We cats don't understand why American people still don't have universal healthcare. Watch this video!

>> Health of the Nation – Coverage for All Americans <<

In the video, the panelists discuss problems with the current health care system. Seems like everyone is dissatisfied with the current system.

Currently, about 60% of the U.S. healthcare system is financed by the government (taxes). These funds pay for Medicare, Medicaid, the VA (Veterans Administration), and coverage for public employees (including police and school teachers), elected officials, military personnel, etc. About 20% is financed by the people directly through out-of-pocket payments such as co-pays, deductibles, and insurance premiums. About 21% is financed by private employers. Under the current system, the poor pay a much higher percentage of their income for healthcare than higher income individuals.

In fact, American people can have universal healthcare at essentially no additional cost. A universal public healthcare system can be funded by savings from eliminating administrative wastes under the current system (at least 30% healthcare costs). People may pay a little more in taxes, but this would be more than offset by all current out-of-pocket payments. For the vast majority of people, the cost would be less than the current system. See Physicians for a National Health Program:

Shouldn't a government take care of its people? Is it more important to save lives (for no additional cost) than to save Wallstreet (for $700 billion)? We would've been very sad if Corie had died today because of a stupid little bite.


[ note from Bunny: Mimi is a practicing physician and before that worked as an economist. ]