By I thought privatization meant efficiency and effectiveness? 🤔
An agency watchdog says a congressionally mandated program using private debt collectors has been poorly administered and failed to respect taxpayers’ rights.
The network has been almost silent on the president’s alleged affair with Stephanie Clifford, aka Stormy Daniels.
If the US Defence Budget was reduced by 20% that would easily pay for Tuiton Free College for All, and the US would still have the largest Defence Budget on Planet Earth.
Another way is like Bernie Sanders suggested a 0.5% Wall Street Sales Tax on Speculation, The United States had Tax similer to this from 1916 to 1966 and it would not affect anyones individual Income.
As we saw in the last graphic, private businesses are shouldering 20% and households 28% of the skyrocketing costs of our inefficient healthcare “crazy quilt.” Much of that is in the form of premiums for private insurance.
The average premium for family coverage in an employer-sponsored health insurance plan went from $5,800/year in 1999 to over $18,000/year in 2016. That’s a whopping 213% increase in just 17 years (regular inflation was just 44% during that same time period).
Even worse, the worker contribution share (red portion) for a family plan has jumped from about $1,500/year to over $5,000/year (a 242% increase!). And that doesn’t even include higher deductibles and other cost-sharing being shifted to workers. Of course, employers ultimately pass all the premium costs onto employees by keeping wages flat.
And contrary to right-wing talking points, these rising costs clearly did not begin with the passage of ObamaCare in March 2010. As a matter of fact, the years showing the greatest annual percent increase (13%) were actually 2002 and 2003. Cumulatively, the Bush years saw a 97% increase in premiums of employer plans ($6,438 almost doubled to $12,680, while Obama cut that growth by more than half to 43% over his eight years ($12,680 grew to $18,142).
A Medicare-For-All single-payer system would get the health insurance monkey off the backs of employers and free up workers to negotiate for better wages instead of always playing defense just to maintain adequate healthcare coverage.
For more on that topic, I highly recommend watching the new documentary “FIX IT: Healthcare at the Tipping Point”: http://fixithealthcare.com