Rising costs jeopardize health care plan for all | TheUnion.com

Rising costs jeopardize health care plan for all

The longer we wait to implement SB840, the single-payer Health Care for All Californians Act, the higher health care costs will rise as opposed to wages.

In 2006 costs were rising four times faster than wages. The gap is widening, so SB840 as proposed for 2008 calls for the construction of a blue-ribbon panel of statewide officials to research and propose up-to-date funding mechanisms.

Without SB840, these increased costs will be paid by those of us who still can afford health insurance through higher and higher for-profit insurance company premiums that pay, not only for rising health care costs but also for the companies’ 30 percent or more administrative costs that include tens of millions of dollars for CEO salaries. Soon, health care will be out of reach for hard-working Americans.

One of the main purposes of SB840 is to rein in the escalating costs of health care in order to make health care available to all California residents.

We cannot afford to wait any longer for single-payer health insurance as proposed under SB840.

Charlotte Bolinger

Nevada County

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