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US health insurers, already feeling unwell at the prospect of a Barack Obama presidency, had their condition further downgraded this past week as the financial crisis hit earnings. While the patient has suffered a bit of a shock, the prognosis is better than the average 61 per cent drop over the past year in the shares of six leading managed-care companies would suggest.
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Per capita health care spending (2007):
United States: $7290
Switzerland: $4417
France: $3601
United Kingdom: $2992
Average of OECD developed nations: $2964
Italy: $2686
Japan: $2581
-- Bob Somerby
The text of HR676 (Medicare For All) as PDF (30 pages). The FAQ. Compare HR3200 with HR676.
Medicare for All would save $350 billion a year (study in New England Journal of Medicine).
In 2003, a young Illinois state senator named Barack Obama told an AFL-CIO meeting, "I am a proponent of a single-payer universal healthcare program*." -- Bill Moyers.
* Medicare For All.
Contact lambert_strether [dot] corrente [at] yahoo [dot] com (lambert strether) for all your pony needs. Overt and covert displays of realism ("cynicism") available at customer option.
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