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If the country goes to a Single Payer Healthcare system GDP 15% [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-20-05 09:37 PM
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If the country goes to a Single Payer Healthcare system GDP 15%
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right now goes to healthcare. Duplication by various HMOs and the accompanying overhead would be, hopefully, saved. Consolidations similar to school district consolidations for 'economies of scale' could make things cheaper in the long run.

This is why they teach you that in some cases monopolies are economically preferable. In fact, monopolies are what businesses strive for in the 'free market' if I'm not mistaken...not just settling for oligopolies.

Right now in percentage of US GDP healthcare takes up around 15% and is expected to rise to 19%. Every penny saved is a penny earned.
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