Institute for Public Accuracy
October 7, 2008
Over 5,000 U.S. physicians have signed an open letter calling on the candidates for president and Congress “to stand up for the health of the American people and implement a nonprofit, single-payer national health insurance system.”
Noting that the nation’s private-insurance-based model is failing by denying needed medical care to millions, wasting resources and driving up costs, the doctors say that a publicly financed system is “the sole hope for affordable, comprehensive coverage.”
“A single-payer health system could realize administrative savings of more than $300 billion annually — enough to cover the uninsured and to eliminate co-payments and deductibles for all Americans,” they write, adding that it would also slow cost increases.