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Akron Univ. School of Law

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Tuesday, November 13, 2007

Economics of Universal Health Care

MrMichaelMT discusses the economics of universal health care at the DailyKos blog.  He points to many of the costs of the uninsured and says,

With the release of Sicko and the expected barrage of trash aimed at Democratic candidates from right wing radio, it's inevitable that someone will accost you. (After all, that "I'm a Progressive" tatoo on your forehead stands out.)  -   "Why should I pay for someone else's health care? I'm paying enough already!"

The major candidates have done an incredibly poor job of articulating what the savings would be to our society that universal healthcare would achieve. So I guess it's up to you.  Get ready to answer: "Yes, you are! You are paying way too much. Universal health care will save you, personally, a bundle."

When you are sitting in church or the movie theater, look to your right and your left, ahead and back. Chances are that one of those people is paying health roulette. When they get really, really sick they go to an emergency room--and you pay.

This issue update from the Kaiser Family Foundation finds that uninsured Americans could incur nearly $41 billion in uncompensated health care treatment in 2004, with federal, state and local governments paying as much as 85 percent of the care. It also finds that if the country provided coverage to all the uninsured, the cost of additional medical care provided to the newly insured would be $48 billion.

So if you just skim the headline, you might mistakenly think you are saving 7 billion by not covering the uninsured. Guess again! By waiting until health care is critical, the cost of healing the uninsured is many times the cost of insuring--and caring for--them in advance. Just remember the case of Deamonte Driver.

Deamonte Driver's life could have been spared if his infected tooth was simply removed -- a procedure costing just $80...
In the end, Driver endured two surgeries and weeks of hospital care totaling about $250,000 in medical bills. Sadly, it was too late to save the boy, and he passed away on Feb. 25. . . . .

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