How Single Payer Will Save PA $335 Million Dollars--A Year!!

This is a speech I gave Before City Controllers In The State Of PA about how much money Pennsylvanians will save when we enact Single Payer Legislation!

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Here Is What I Said:

Hello! My name is Kate Loving Shenk. I've been a nurse working in the trenches of healthcare delivery and now am also a volunteer for Healthcare 4 All PA.

We have a healthcare Single Payer House Bill and Senate Bill--HB 1660 and SB 400 that Philadelphia City Council, West Reading and Parts of Pittsburgh municipalities have voted on and passed.

We hope that Lancaster is next.

As a nurse, I see the people everyday who suffer because of employee based health care delivery. I am fully aware and compassionate about patients not getting coverage for their healthcare needs and lose their homes and often their lives as a result.

But today I am here to tell you how much Single Payer would save Pennsylvania in dollars and cents.

So far, these are the numbers we gathered from 17 counties listed on your sheet.

(Holding up sheet).

And these are the spread sheets where we got our numbers.

(Holding up 17 envelops holding the spread sheets where we worked out the numbers).

The numbers represent cities, municipalities, county governments and school boards, all of which is based on 2008 information. The savings would even be greater in 2009.

The formula is simple: Take the healthcare costs of employees and retirees, and also look at the total payroll. Based on these numbers, we calculate savings.

For example, say the payroll is 10 million dollars, and payout for healthcare is 2 million.

Business employers under our Single Payer plan would pay 10% of payroll to healthcare, so savings per person is $1 million dollars.

What is not included in these numbers are the savings for Workman's Comp, Auto Insurance and administrative costs, all solely based on Health Insurance Costs.

Philadelphia would save $300,000,000 dollars a year alone but without Single Payer will have a $5 billion shortfall over five years.

We are the only industrialized country out of 34 countries without Single Payer Healthcare.

I think PA will be the first to pass Single Payer in the U.S.A.--and as Pennsylvania goes, so goeth the nation.

Then Hope WILL Win. 

See My Single Payer Lensography!!