Health Care Solutions for Businesses

AFFORDABILITY

HOW CAN WE AFFORD A SINGLE PAYER SYSTEM?

A 2005 Lewin Group report shows that California in 2006 would have saved money by adopting a single payer system (SB 840).

The following savings would have been realized:

• Lower insurer administration, by about 69% → saves $9.686 billion
• Lower physician administration, by about 30% → saves $6.614 billion
• Lower hospital administration, by about 22% → saves $3.56 billion
• Bulk purchasing of prescription drugs → saves $4.418 billion
• Bulk purchasing of medical equipment →  saves $786 million
• Increased primary care  →  saves $3.408 billion
• Less fraud →  saves $783 million

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