Another thing single-payer healthcare would do is lower the cost of literally all goods and services because it would cut out what is for virtually any business one of their greatest expenses, and that the portion of workers’ comp. premiums they have to pay to provide their employees with healthcare when they get injured on the job.
That premium is itself inflated by the cost of all these insurers and third party administrators jockeying over who is a primary payer and who is secondary and who is a no payer and who gets subrogation from who, who gets setoffs against who, who administers the claims, how they apportion the liability, etc. Fucking get rid of all of it and just cover every person all of the time for any reason. In this context and this line if reasoning it’s referred to as 24/7 coverage, but it means the same thing: single payer. Also right now the costs are artificially inflated by the fact that so many people are uninsured or underinsured, so the medical providers have to charge the insured people three times the price.
It’s insane. My friends: we are already paying the price we’re just not getting the benefit, it’s going to health insurance companies, hospital owners, and large physicians groups.