The funds to insure the uninsured still have to come from somewhere. Where could they possibly come from other than increased taxes?
Several good books can be recommended to explain financing of the present and a universal health care system. Briefly, it must be noted that we currently pay twice per capita what other industrialized countries pay AND they insure all their citizens. Also that medicare is run with ABOUT 2% OVERHEAD EXPENSE, the Canadian national health insurance for about 1%, while private US insurers take an estimated 14% for their overhead. (and then there are the brokers, workplace administrators, physician-hired insurance claims administrators etc.) Even so called “not for profit insurers” (who mimic for-profits in practices) in the USA exist in order to grow richer (and compete even better, they would say), raising their premiums tremendously even when their margin is improving without such increase. *REF 4 And with all these substantial profits we are still paying 61% of our nation’s health care costs out of the public purse (including taxes collected from uninsured and underinsured low-income an
