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5,000 Doctors Challenge Private-Insurance System $A protester in San Francisco holds a sign at a rally in June, 2008. Over 5,000 U.S. physicians have signed an open letter calling on the candidates for president and Congress \"to stand up for the health of the American people and implement a nonprofit, single-payer national health insurance system.\"(Photos by Luke Thomas and John Han - Fog City Journal)$ WASHINGTON - 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. Posted in healthcare

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5,000 Doctors Challenge Private-Insurance System

$A protester in San Francisco holds a sign at a rally in June, 2008. Over 5,000 U.S. physicians have signed an open letter calling on the candidates for president and Congress \"to stand up for the health of the American people and implement a nonprofit, single-payer national health insurance system.\"(Photos by Luke Thomas and John Han - Fog City Journal)$

WASHINGTON - 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.

Posted in healthcare