If so then Medicare For All would be the road to travel….I have been a supporter of the idea since its inception….and now a new study has shown just how effective it could be….
Previous research has shown that shifting the United States to a Medicare for All system could save roughly 68,000 lives and $650 billion per year, but a new study by experts at Yale University suggests the savings would likely be even greater on both fronts.
In a Tuesday statement, Sen. Bernie Sanders (I-Vt.), lead sponsor of the Medicare for All Act in the Senate, highlighted the findings, published recently on medRxiv, a server for preprints, or research that hasn’t yet been peer reviewed.
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“We estimate that such a system would reduce national health expenditure by $1,041 billion annually,” they explained. “Sources of savings include reductions in administrative overhead, pharmaceutical prices, fraudulent billing, and avoidable emergency care. Combined with the reversal of recent retractions, universal coverage would save over 114,000 lives annually.”
Specifically, as Sanders’ office detailed in a statement, Americans would save:
- $377.5 billion by paying no more than other major countries for prescription drugs;
- $286.3 billion by eliminating bureaucracy and waste;
- $285.7 billion by curbing fraudulent billing;
- $100 billion by preventing costly emergency room and hospital visits; and
- $295.6 billion by reimbursing providers fairly for the care they provide.
https://www.commondreams.org/news/medicare-for-all-savings
I would say that is good news, right?
But not to worry….health insurance and other corporate donors will be fighting hard to defeat any chance of M4A having any success…
The investigative outlet Sludge published an analysis on Monday showing that the health insurance industry is among the corporate donors to Third Way, a think tank that is reportedly preparing to pour $15 million into an effort to combat the rise of candidates who support Medicare for All and other progressive policies.
Third Way, which has long been hostile to the progressive wing of the Democratic Party and Medicare for All in particular, does not publicly disclose its donors. But Sludge’s David Moore uncovered some of the group’s benefactors by examining corporate tax filings, which revealed that the private insurance industry group Better Solutions for Healthcare (BSFH) donated $50,000 to Third Way’s advocacy arm in 2024.
Among BSFH’s members are the Blue Cross Blue Shield Association and the health insurance industry trade group AHIP. Moore noted that BSFH is “run out of the offices of leading Republican digital and strategy firm Targeted Victory in Arlington” and was founded by GOP operative Alexander Schriver.
Sludge’s review of corporate tax filings showed other healthcare industry donors to Third Way, including CVS Health and Johnson & Johnson.
“Another corporate lobbying heavyweight, the Business Roundtable (BRT), gave $50,000 to Third Way in 2024, up from the $25,000 it gave in 2023 and down from the $75,000 it gave in 2022,” Moore reported. “Each year in 2019, 2020, and 2021, BRT gave $50,000 to Third Way. The CEO group’s health insurance members include the heads of UnitedHealth, Cigna, Elevance (formerly Anthem), CVS Health—all members of AHIP (formerly America’s Health Insurance Plans), save for UnitedHealth—as well as healthcare company Centene and many Big Pharma firms like Johnson & Johnson.”
https://www.commondreams.org/news/third-way-medicare-for-all
Again not to worry the chance of getting good healthcare is small because the Congress is owned by the people that are fighting this attempt.
This is a little something for you to mull over while enjoying your morning coffee…..
Your medical records are private, right? But for how long?
You might assume that what you tell a doctor stays between you, your physician and perhaps your insurer. But the reality is more complicated.
The Health Insurance Portability and Accountability Act, the federal privacy law that governs health information and is commonly known as HIPAA, is narrower than its reputation suggests. It regulates hospitals, physicians, insurers and their business associates, but not the health data you generate everywhere else: not the period-tracking application on your phone, the internet search you ran about a diagnosis, the DNA you mailed to a genealogy company or the wearable that counts your heartbeats.
Even the records HIPAA does cover can be shared, sold or handed to the government in ways that might surprise you.
This gap in protection matters more than ever because the U.S. government is pushing hard to gather health data domestically and abroad. This is happening even as a growing body of research shows that the safeguard which these efforts to collect data lean on – anonymizing data by removing identifying information to make it difficult to trace back to an individual – is far weaker than officials claim.
https://theconversation.com/us-government-is-pushing-to-gain-unprecedented-access-to-your-medical-records-as-data-protections-are-weakening-287021
Americans need to wake up and smell the manure in the road.
I Read, I Write, You Know
“lego ergo scribo”