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Default Everybody in, nobody out

Vermont—Home of Ben and Jerry’s, Maple Syrup, Bernie Sanders and the
first state to pass marriage equality. Now, Vermont will be known for
something that will impact every resident in the state.

The ACA provided states with federal funds to institute a Medicaid
expansion. The states chose to expand the program also were able to set
up their own state exchanges, which were relatively free from the
problems the federal site had. Vermont decided to take it a step
further by setting up their very own single payer system.

The slogan of the program: Everybody in, nobody out.

The program will be fully operational by 2017, and will be funded
through Medicare, Medicaid, federal money for the ACA given to Vermont,
and a slight increase in taxes. In exchange, there will be no more
premiums, deductibles, copays, hospital bills or anything else aimed at
making insurance companies a profit. Further, all hospitals and
healthcare providers will now be nonprofit.

This system will provide an instant boost the state economy. On the one
side, you have workers that no longer have to worry about paying medical
costs or a monthly premium and are able to use that money for other
things. On the other side, you have the burden of paying insurance
taken off of the employers side, who will be able to use the saved money
to provide a better wage and/or reinvest in their company through
updated infrastructure and added jobs. It is a win-win solution.

To make sure that it is done right the first time, Vermont brought in a
specialist who knows a thing or two about setting up a single-payer system.

Dr. William Hsaio, the Harvard health care economist who helped
craft health systems in seven countries, was Vermont’s adviser. He
estimates that Vermont will save 25 percent per capita over the current
system in administrative costs and other savings.

http://tinyurl.com/krh83be

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Religion: together we can find the cure.
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First recorded activity by BoatBanter: Aug 2013
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Default Everybody in, nobody out

On 11/21/2013 9:44 PM, F.O.A.D. wrote:
Vermont—Home of Ben and Jerry’s, Maple Syrup, Bernie Sanders and the
first state to pass marriage equality. Now, Vermont will be known for
something that will impact every resident in the state.

The ACA provided states with federal funds to institute a Medicaid
expansion. The states chose to expand the program also were able to set
up their own state exchanges, which were relatively free from the
problems the federal site had. Vermont decided to take it a step
further by setting up their very own single payer system.

The slogan of the program: Everybody in, nobody out.

The program will be fully operational by 2017, and will be funded
through Medicare, Medicaid, federal money for the ACA given to Vermont,
and a slight increase in taxes. In exchange, there will be no more
premiums, deductibles, copays, hospital bills or anything else aimed at
making insurance companies a profit. Further, all hospitals and
healthcare providers will now be nonprofit.

This system will provide an instant boost the state economy. On the one
side, you have workers that no longer have to worry about paying medical
costs or a monthly premium and are able to use that money for other
things. On the other side, you have the burden of paying insurance
taken off of the employers side, who will be able to use the saved money
to provide a better wage and/or reinvest in their company through
updated infrastructure and added jobs. It is a win-win solution.

To make sure that it is done right the first time, Vermont brought in a
specialist who knows a thing or two about setting up a single-payer system.

Dr. William Hsaio, the Harvard health care economist who helped
craft health systems in seven countries, was Vermont’s adviser. He
estimates that Vermont will save 25 percent per capita over the current
system in administrative costs and other savings.

http://tinyurl.com/krh83be



Like Romneycare, this will be a system to watch.


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