Letter to the Editor: Single Payer Health Care is superior
Single Payer Health Care is not charity. Single Payer Health Care would be financially superior to our present system of paying for health care. Here is why:
The many countries with single payer health care systems rank higher in health care outcomes (results) at lower costs than we do in the USA, even though we are the most affluent country of all.
Medicare and Medicaid use our money more efficiently than do private for-profit insurance companies. Medicare and Medicaid pay a larger fraction of money directly for health care while for-profit health insurance companies pay a smaller fraction of money directly for health care.
To the best of my knowledge and imagination, no for-profit insurance company can rightfully credit their for-profit motive for better health care.
For-profit health insurance companies budget money to pay dividends to their shareholders. Therefore that money does not pay for our health care bills.
In partial definition, a tax is a compulsory add-on fee. In this way, for-profit insurance companies tax their customers to pay dividends to shareholders.
Costs for health insurance added financial burden to American companies who moved their business to foreign countries where there is no need to budget for health insurance.
Our present health care system sets up need for charity health care that seldom provides enough money or gives ideal care. Single Premium Health Care would "leave no child behind," would leave no adult behind and would avoid need for charity health care.
Roger E. Condit, MD