20 November 2013

You are Welcome to Our Health Care System Design, But We Insist that in Compensation, Rob Ford Be Appointed Mayor of Some Town in Vermont…*

While we are talking about the progress of Obamacare, it is important to note that Vermont is going with a full up single payer system:
All but ignored in the multitude of media coverage about the ACA and its problems, Vermont has become the first state in the union to pass a single-payer universal health care law for its residents. It has a snappy slogan: Everybody in, nobody out.

The system will be fully operational by 2017, funded by Medicare, Medicaid, federal money for the ACA given to Vermont, and a slight increase in taxes. Everyone will be able to go to any doctor or hospital in the state free of charge. No plans to figure out, no insurance forms to sweat over, no gotchas.

………

Dr. William Hsaio, the Harvard health care economist who helped craft health systems in seven countries, was Vermont’s adviser. He estimates that Vermont will save 25 percent per capita over the current system in administrative costs and other savings. Employers will suddenly be free to give raises to their employees instead of paying for increasingly expensive health benefits. All hospitals and health-care providers in Vermont will be nonprofit. Medicare recipients will no longer need to wade through an inch-thick book to choose supplemental plans and sort out other complex options in their Medicare enrollment.
If (and it is a big if) Vermont can decide on the funding method, it should be fully implemented by 2017.


* Not my bon mot. Stolen from TP at the Stellar Parthenon BBS.

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