Nearly $200 Billion in Savings if Minnesotans Demand Single-Payer Solution for Families, Businesses

[J_J_]

The report from The Lewin Group showed that enacting a single-payer system in Minnesota would reduce health spending for the State by $4.1 billion (8.8%) in 2014. State and local governments would save an addition $35.7 million. Employers would save $1,214 per worker (“for employers offering health insurance coverage prior to the ACA”). Families would save an average $1,362 and the statewide savings would be $189.5 billion between 2014 and 2023.

“Insurance companies make money by NOT providing health care,” said Kucinich. “Americans are now mandated to pay massive subsidies to bail out the for-profit health insurance industry.

“One out of every three of our health care dollars goes to activities OTHER than providing care, like a massive lobbying effort to protect their profits. Your total comes to 900 billion dollars every year.

“We have been mandating that the American people pay this much more for health care because Congress and the President have refused for decades to take on health insurance companies. This report is a wake up call for states, businesses and families struggling to deal with the rising costs of health care.

Congressman Kucinich introduced an amendment to the Affordable Care Act in 2009 in the Education and Labor Committee. The amendment, passed on a bipartisan vote but stripped from the bill, would have helped states pursue single-payer if that is what their residents wanted.

Fourteen studies by expert health care consulting firms have modeled the expected financial results if a state enacted a single-payer health care system to cover its residents.


State Annual Single-payer Savings Year
New Mexico1 $151,800,000 1994
Delaware2 $229,000,000 1995
Minnesota1 $718,000,000 1995
Massachusetts3 $1,800,000,000 - $3,600,000,000 1998
Maryland1 $345,000,000 2000
Vermont1 $118,000,000 2001
California1 $7,500,000,000 2002
Maine4 $0 2002
Rhode Island5 $270,000,000 2002
Missouri6 $1,700,000,000 2003
Georgia1 $716,000,000 2004
California1 $8,000,000,000 2005
Colorado1 $1,400,000,000 2007
Kansas1 $869,000,000 2007
Minnesota1 $19,000,000,000 2012

1. Lewin Group
2. Solutions for Progress
3. Lewin Group, Solutions for Progress/Boston University School of Public Health
4. Mathemetica Policy
5. Solutions for Progress/Boston University School of Public Health
6. Missouri Foundation for Health


http://www.pnhp.org/news/2012/april/kucinich-single-payer-the-only-obviously-constitutional-health-care-plan

[floriduck]

1. Amy Klobachar can't support this or her Hillary support will be jeopardized.