"More than half of mortgage failures re:the subprime crisis, were b/c of health care bankruptcies

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Single Payer Healthcare and the Economic Crisis

Michael Lighty, Policy Director of the California Nurses Association and Olveen Carrasquillo, Vice President and Policy Director of Latinos for National Health Insurance discuss the possibilities for healthcare reform during an economic crisis. With an ailing economy it is likely that the number of Americans who are uninsured will rise. One third of Latinos already lack health insurance and that doesn't include undocumented workers. Under Obama's current healthcare plan there is no provision for the undocumented--some 14 million people. If premiums keep going up, Lighty says, healthcare reform won't be very meaningful and private insurance companies will continue to profit.
What about single payer healthcare? It could actually serve as an economic stimulus by improving retention, cutting costs for businesses, increasing efficiencies, and offering a costs saving to health consumers that could be spent on other economic activity.
But will Obama's healthcare plan do anything to mitigate the crisis? And will single payer healthcare get a hearing? To find out more you can visit guaranteedhealthcare.org.

The debate between the expanding coverage and controlling costs

Signs And Portents On Health Care Reform