Single payer first step to economic recovery?

[clear eye]

Jobs lost in health insurance industry under single-payer will be overshadowed by gains in jobs
throughout the rest of the economy according to economists. (Summary of IHSP study) http://www.calnurses.org/assets/pdf/ads/ihsp_sp_jobs_ad.pdf

Good news.
The best, most comprehensive solution for our healthcare crisis, a single-payer system that expands and upgrades Medicare to cover all Americans, also promotes economic recovery. A new study, the first of its kind to examine the economic ripple effect of guaranteeing healthcare to all through Medicare, finds that single-payer healthcare reform creates:


2.6 million new permanent, good-paying jobs (jobs that cannot be easily sent overseas)

$317 billion in increased business and public revenues

$100 billion in employee compensation

$44 billion in new tax revenues

At less cost than the federal bailouts for Wall Street giants such as AIG, CitiGroup, Fannie Mae and Freddie Mac, and other banks

Findings from “Single-Payer/Medicare for All: An Economic Stimulus Plan for the Nation,”
Institute for Health and Socio-Economic Policy, research arm, National Nurses Organizing Committee/California Nurses Association.

— HR 676 (Conyers)
Only improving and expanding Medicare for all will:

Produce 2.6 million new jobs

Control costs, saving taxpayers billions of dollars

Guarantee healthcare for all

Ensure complete choice of provider

HR 676, Single-Payer, Medicare for All
One nation. One health plan for all Americans.

www.calnurses.org

See full study: http://www.calnurses.org/research/pdfs/ihsp_sp_economic_study_2009.pdf

These decisions are too important to be made on the basis of guesses.

(cross-posted at GD)

[JimWis]

1. K&R