single payer
now 50 % of all care and 60% of all costs for medical care is single payer funded by the feds thru 7 programs
THAT HAVE ADMINISTRATIVE/PROFIT/ADVERTISING/BONUSES COSTs OF UNDER 8 % AS OPPOSED TO PRIVATE INSURANCE WHERE THE NUMBER IS 27%
the big 7 are
medicare, medcaid, va, armed forces, government workers, indian health service and schip (kids)
with the expansion of medicaid and the new exchanges and with the progressive withdrawal of insurance companies from unprofitiable ventures and with businesses switching from employer provided to "workers you are on your own"
it is likely that within 3 years 60% - 65% of all care will be government funded and maybe 70-75% OF ALL COSTS LIKEWISE
slow transition
mike