Senate Finance Bill is No Solution to Health Care Crisis

For Immediate Release

Contact: 

Quentin Young, M.D., (312) 782-6006
Mark Almberg, (312) 782-6006, cell: (312) 622-0996

Senate Finance Bill is No Solution to Health Care Crisis

WASHINGTON - Dr. Quentin Young, national coordinator of Physicians for a National Health Program (www.pnhp.org), made the following statement today:

“The Senate Finance Committee bill, which passed this afternoon in
committee, preserves all the systemic deficiencies that we see in our
present health care financing model. It maintains a system that is
based on private insurance and for-profit, private insurers. It
therefore cannot and will not provide truly universal, comprehensive
and affordable care.

“According to the Congressional Budget Office, the bill, even with
its harsh mandates requiring people to buy insurance, will leave 25
million people uninsured. An even greater number will be underinsured,
i.e. vulnerable to financial ruin in the event of a serious illness.

“The Senate bill will be unable to contain costs, which are projected to double in the next decade.

“While it is possible to temporarily expand coverage by subsidizing
the purchase of private coverage, as the Senate bill does, such an
approach is not sustainable. It won’t cover everybody and it will fall
apart quickly due to rising costs, as we’ve seen with similar
approaches in Massachusetts, Vermont, Oregon, Tennessee and Minnesota.

“The insurance companies’ drive to fight claims, issue denials,
screen out the sick and make a big profit generates tremendous
administrative waste — $400 billion a year.

“In contrast, by replacing our dysfunctional, for-profit,
multi-payer system with a streamlined, nonprofit social insurance
program — single-payer Medicare for All — we can recapture the $400
billion that is presently wasted on bureaucracy and paperwork and use
that money to provide comprehensive, high quality care for everyone.
And we won’t have to spend a penny more than our nation does now.

“There’s no getting around the fact that single-payer Medicare for
All remains the only realistic solution to our profound health care
crisis. As big as the challenge may be, Congress should act
accordingly.”

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Physicians for a National Health Program is a single issue organization advocating a universal, comprehensive single-payer national health program. PNHP has more than 15,000 members and chapters across the United States.

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