The Cost Of Insurance Reform VS No Reform is $1 Trillion VS $1.5 Trillion.

The Cost Of Insurance Reform VS No Reform
is $1 Trillion VS $1.5 Trillion.

Sean Lewis
November 10,2009

I was curious what the actual numbers were, so I did a
Google search on the issues.

What was the average cost of an Emergency Room Visit?
Answer: $1,000

How Many People used Emergency Rooms per year?
Answer 100,000,000,000 a year.

How Many People are uninsured?
On average %15.

This is just a quick thumbnail comparison, but it does give a
better idea of what the fuss is all about.

Each year, more than 100 million visits are made to emergency rooms around the country. At an average cost of $1,000 a visit, the annual price tag for ER care tops more than a billion dollars. And to make matters worse, most of these visits aren't even real emergencies.
http://www.myoptumhealth.com/portal/Information/item/Avoiding+the+High+Cost+of+Emergency+Car?archiveChannel=Home/Article&clicked=true

Analyzing data from the Community Tracking Study Household Surveys, researchers found that uninsured individuals accounted for 15.5 percent of emergency department visits in 1996-1997, but only 14.5 percent of visits in 2003-2004. During the same period, the proportion of visits by higher income people (equal to or greater than 400 percent of the Federal Poverty Level) increased from 21.9 percent to 29 percent. The proportion of visits by those whose usual source of care was a physician’s office rose from 52.4 percent to 59 percent. Overall emergency department visits rose from 90.3 million in 1996 to 113.9 million in 2004, an increase of 26 percent.
http://www.acep.org/pressroom.aspx?id=37562

Health care reform, if it passes, will cost about $1 trillion over the next 10 years. Negotiators in the Senate and House are now saying they've winnowed the cost down to "only" $900 billion or so. Where will that money come from? Look in the mirror.

http://www.cbsnews.com/stories/2009/08/10/business/moneywatch/main5230656.shtml

For those who do not understand what I just posted

Currently the uninsured who use emergency rooms for medical treatment is about 15% of
all emergency room visits of about $150,000,000, 000 a year.

The cost of health insurance reform is about $100,000,000,000 a year.

So the savings to tax payers and Corporate America is about $50,000,000,000
a year, and this is calculating the average Emergency room visit costs $1,000.

So the savings over 10 years for American taxpayers and Corporations is
$500,000,000,000.

This does not include the lowering of premiums and the lowering of medical costs
now that both hospitals and Insurance companies are no longer passing
on the costs of the uninsured to thier insured customers.

In addition morally we need to stop the preventable deaths of 18,000 Americans
a year who do not have health insurance because they can't afford it or because
they have an uninsured precondition.

My Sunday column looks at health care reform through the prism of Nikki White, a young woman from Tennessee. She became too sick with Lupus to work — and then lost her health insurance, and then died because of lack of medical care. We may know intellectually that 18,000 Americans die each year because they don’t have insurance, but to confront one such person is still heartbreaking. And I just can’t believe that we will let this opportunity for health reform slip through our fingers, so that Americans like Nikki continue to die needlessly every 30 minutes.
http://kristof.blogs.nytimes.com/2009/09/12/nikki-white-and-health-care/

For me this is a no brainier do the Health Insurance reform, it IS cost effective.,