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Economists Demand Universal Health Care
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It's time for universal healthcare in America.
 
More than 100 economic professors from across our country have signed on to a letter, calling for Vermont Governor Peter Shumlin and that state's legislature to enact universal healthcare in the Green Mountain State.
 
Vermont has had plans to implement a universal healthcare system in that state for some time now, but Governor Shumlin put those plans on hold late last year, after concerns came up over how the system would be paid for.
 
In the letter to Shumlin, the professors argue that healthcare should be provided as a public good, and that financing it actually helps to save money in the long run. The professors write in part that, "Evidence from around the world demonstrates that publicly financed health care systems result in improved health outcomes, lower costs and greater equity. Public financing is not a matter of raising new money, but of distributing existing payments more equitably and efficiently."
 
While the professors make a great point, the fact is that Vermont gave universal healthcare a great shot. That state tried hard to make it work, and did its best to bring healthcare to all Vermonters. But Vermont is a very small state with a population of just over 626,000 people. And, in a state that small, implementing universal healthcare is a very hard thing to do.
 
For universal healthcare to really be successful, it needs to be done at a national level. Fortunately, America already has the framework in place to make universal healthcare a success. That framework is called Medicare.
 
A lot of people forget this but, back in July of 1965 when Medicare was established by Congress, it was established with the idea that one day it would be slightly changed to become THE national single-payer health insurance program for America. Well, the day to make those changes is now.
 
Currently, Medicare is made up of four parts: Part A which covers hospital stays, Part B with pays for medical services, Part C which pays for private insurance coverage, and Part D with pays for prescription drugs. Now, it's time to create "Medicare Part E", which would cover every single American. Just let any citizen in the U.S. buy into Medicare.
 
Best of all, creating "Medicare Part E" would be really easy. It wouldn't be some complicated process that requires Congress and the government to re-invent the wheel. 
 
Read more here.
 
-Thom
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Daily Take: Economists demand universal health care
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Case: "Buckley v. Valeo", 1976.
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Bill: "United States National Health Care Act" by H.R. 676 - Rep. John Conyers.
 
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Article: "Bush Agenda: Bold but Blurry" by Dan Froomkin, November 5, 2004. "I've earned capital in this election -- and I'm going to spend it for what I told the people I'd spend it on, which is -- you've heard the agenda: Social Security and tax reform"
 
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Article: "Building a Face, and a Case, on DNA" by Andrew Pollack.
Article: "Will Camel's Milk Be the Next Big Craze?" by Cole Mellino.

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