Let's share cost of health insurance
Los Angeles Times
Sunday, May 11, 2008
Business Letters
Except for the healthy and the wealthy, the rest of us — not just employers — are being pinched, if not strangled, by rising healthcare costs. (“Healthcare costs pinch employers,” May 7.)
People with supposedly excellent insurance are forced to declare bankruptcy because of out-of-pocket expenses from major illness. We lose high paying jobs to Canada, Britain and Europe, where companies can provide quality products and services without the expense of healthcare.
If the U.S. were to have national health insurance, we could provide quality that no other country has accomplished while achieving similar cost savings.
The challenge is not to make for-profit health insurance affordable for employers but to establish public financing for national health insurance.
Jerry Frankel
Plano, Texas