Testimony of David U. Himmelstein, M.D. before the HELP Subcommittee
Himmelstein, David U.http://connexions.org/CxArchive/NewDem/Himmelstein.htm
Date Written: 23/04/2009
Year Published: 2009
Resource Type: Article
Cx Number: CX11146
A single-payer reform would make care affordable through vast savings on bureaucracy and profits. As my colleagues and I have shown in research published in the New England Journal of Medicine, administration consumes 31 percent of health spending in the United States, nearly double what Canada spends. In other words, if we cut our bureaucratic costs to Canadian levels, we'd save nearly $400 billion annually - more than enough to cover the uninsured and to eliminate co-payments and deductibles for all Americans.