This is the case in literally every other country on earth.
Travel to fucking Canada or Mexico to answer this question. It's not hard.
This is the case in literally every other country on earth.
Travel to fucking Canada or Mexico to answer this question. It's not hard.
People would have more job mobility. You could quit (or get fired) and not have to worry about becoming bankrupt due to healthcare.
People that don't have insurance will be able to seek aid. Less people will die of preventable illness. People can focus on getting better without the stress of "how will I pay for this? I'm ruined"
Approximately 1-2 million people employed in the mass bureacracy of claims processing and validation would lose their jobs.
That's how much of a gargantuan amount of bullshit the healthcare industry is, its so big that at this point, assuming the rest of the economy was doing fine, switching to universal health care would create a moderate recession, because so many bullshit jobs would no longer nerd to exist.
Obviously it would be a massive net economic benefit, but at this point, medicine is gonna sting a bit.
Approximately 1-2 million people employed in the mass bureacracy of claims processing and validation would lose their jobs.
Those "same" (number of) people would be needed to process the claims that needed to be approved by the nationwide system that replaced "for profit" healthcare.
I'm from Canada, and I know a surgeon and he has one admin. One (1) secretary that handles patient booking, billing, and payments. The benefit of a single payer system is there's one payer. The government. One set of forms to comply with. No rejections (almost always. Rejections come from foreigners or out of province coverage when determining which province is responsible for paying)
His software system (government provided) auto fills 99% of it. That's why he can have one (1) secretary. The government side Idk but it's certainly not insane ratios like the US since the process is far more streamlined and doesn't rely on appeals or rejections to racketeer more money out of doctors and patients. What's really sad is Americans are so conditioned to believe their way of life is somehow normal, that orphans must also be crushed somehow in Europe or Canada.
you can have both private and public, private if you want to see someone faster or more specialized care. and everyone gets public regardless of income. most states have very small maximum limit on if you can get medi-caid. funny how military service members have universal healthcare, a "public version of them" and they arnt in debt. it can be done, the us chooses not to because GOP/DNC would start to lose alot of political power.
If we're handwaving the whole transition, nothing too dramatic. It would be more like Canada. People would be healthier and not stressed about the costs of seeing a doctor.
More entrepreneurship. Plenty more people would work for themselves or start businesses if they didn't have to worry about healthcare.
UBI would be good for this also.
This. I've said for years, it'd be a Renaissance of entrepreneurship and craftsmanship.
I've known so many people over the years that would have been fine getting by selling things they've made, or fixing others things, if they didn't need employer based Healthcare.
First and foremost this would be a HUGE boon for small businesses. They are currently hugely outclassed in offering benefits which hampers hiring. It's also significantly more costly per employee for them.
Second, huge boon for employees who can change jobs left and right regardless of life circumstances. Currently the best way to improve your wages and/or get promoted to a bigger position is to get a job at a new company.
Third, huge boon for entrepreneurs who can now take bigger risks to start a new business because regardless of what happens, they don't have to worry about losing their healthcare
All of these things will have long term knock-on effects of leveling the opportunities for non wealthy people as well.
I'll say it for the millionth time. Every single stance the GOP takes is bad for small businesses, bad for the economy, bad for the country.
I’ll say it for the millionth time. Every single stance the GOP takes is bad for small businesses, bad for the economy, bad for the country.
Bad for PEOPLE in general.
Don't forget, the Democrats have never put universal healthcare on their agenda and they've rigged multiple primaries in order to prevent candidates who would put it on the agenda from winning.
thats because thats thier only carrot(single issue that convinces people to vote for them), they would lose that power overnight). thats why they always tease public heatlcare for all, and conspire with the republicans to derail those plans.
Global warming would probably be solved, because hell would also have frozen over.
"Big news tonight. Congress has officially passed the Healthcare for All Bill with unanimous support, also, the Cleveland Browns have won the Super Bowl!"
I'd probably go to the doctor.
Honestly, a ton of people in the health insurance industry would become unemployed. As well as a lot of hospital/clinic administrators.
A lot of stocks that are held by pensions and mutual funds would become worthless causing chaos in the stock market and destroying peoples retirements.
The NHS has hospital administrators too (too many of them, even). And pensions somehow manage to invest well enough, probably because they have experts.
Ya, that's NOT a reason not to change to single payer.
I feel like that sort of highlights exactly how bloated our private system is, and how much the older generations are profiteering off the younger generations future.
US would start catching up to the technologically advanced nations in life expectency. A lot more people would start businesses or take a chance on dream jobs. The us would become more competitive with other countries as businesses would no longer have it as a cost. Its essentially like subsidizing your whole economy and many of our competitors do just that so we have to compete with that.
everyone would be in better shape health-wise.
but also billionaires would lose money, which is why it'll never happen as things are now
they would stop applying to grueling service/retail jobs/technician jobs, and probably focus career paths even if they already graduated with a degree, more money goes into taking more classes, or saving money for something else. i think these are one of the reason people are not in a field they supposedly studied in, of course you would need a efficient train/fast rail system in most states for it to work as well since most degree'd jobs are outside large cities most of the time, besides the job market being very poor for many different fields.
most people are probably paying 600-1000+/month in premiums anyways, and they have to spend down thier DEDUCTIBLES and OOP to be fully covered, which most people cant unless you are chronically sick. the current subsidies make it less than that per month.
Maybe I could get the therapy and medicine I need.
You would not. Mental health professionals are already on huge waiting lists, if everyone got coverage that waiting list would only get longer. The solution, of course, is more people entering the field being incentivized by higher pay, but that could take years to work out.
The economy would skyrocket. Everyone, and I do mean EVERYONE would benefit. And there are people in this country so vile they would lose out on billions or trillions in profits just to screw over the masses. Imagine companies not having to pay 10-20k+ per employee for healthcare. Employees getting preventative care, being healthy, and being more .. PRODUCTIVE!
Several people I know would retire from management level positions. It would energize upward advancement in a number of institutions.
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