Thursday, February 22, 2007
Four doctor visits, and two dental checkups per year, one physical, a couple of X-rays, an eye exam, prescription drugs at reasonable prices, and catastrophic emergency insurance with a high ($5000) deductible. Total cost of basic health care for one person is about $1000/year.
The most difficult thing most growing small businesses deal with is healthcare costs. Students can't study when they are sick. Children are vulnerable. We have a basic responsibility to take care of each other. If more people are healthy, we have more workers, working harder, longer. More income, more tax revenue, happy people with more potential live longer.
There are 300 Million Americans. Total cost of a U.S. national single payer health care plan is $300 Billion per year, or about the same as the war on Iraq. Enough said.
(note: those who already have health insurance pay about $300 Billion per year already. They would save about half of that by using the universal U.S. healthcare plan, reducing the real cost of helping everyone stay healthy. If you are a doctor you may fear government enforced price caps and if you are a drug pusher you may fear low cost drugs, but with all the extra money healthy people will make your markets increase, and your opportunities multiply.)