"Private insurers necessarily waste health dollars on things that have nothing to do with care: overhead, underwriting, billing, sales and marketing departments as well as huge profits and exorbitant executive pay.
"Doctors and hospitals must maintain costly administrative staffs to deal with the bureaucracy. "Combined, this needless administration consumes one-third (31 percent) of Americans' health dollars. Single-payer financing is the only way to recapture this wasted money. "The potential savings on paperwork, more than $350 billion per year, are enough to provide comprehensive coverage to everyone without paying any more than we already do." http://www.pnhp.org/facts/single_payer_resources.php THIS is what's shameful: ~ Democrats teaming up with Republicans to kill health care reform at the behest of Big Insurance and the whole Medical-Industrial Complex ~ Above and beyond the $3,405,669,482 the Medical-Industrial Complex has spent on lobbying in the last decade (second only to the banksters' $3,560,808,113 lobbying efforts in the same time period), the Medical-Industrial Complex has "donated" $833,259,267 directly to members of Congress. Not counting the huge amounts of money given to presidential candidates like Obama, McCain and Kerry, the biggest "donations" have gone to the 3 worst industry shills who have been well-paid to make sure there will never be effective, robust health care reform: Arlen Specter (R-D- PA- $4,026,933) Max Baucus (DLC- MT- $2,833,731) Mitch McConnell (R-KY- $2,758,468) And when you just go right to Big Insurance, the non-presidential candidates who got the biggest legalized bribes were the 7 senators who have been tasked with the job of killing single-payer: Ben Nelson (DLC-NE- $1,196,799) Max Baucus (DLC- MT- $1,184,113) Joe Lieberman (DLC- CT- $1,036,302) Arlen Specter (R-D- PA- $1,035,530) Chuck Schumer (D-NY- $981,400) Mitch McConnell (R-KY- $929,207) Chuck Grassley (R-IA- $884,724) ~Full article: http://snipurl.com/jmyo9
