PROS OF THE 1PLAN SYSTEM
- 1PLAN saves money: $3,000 per year for the average U.S. resident or $910 billion per year for the whole U.S. economy.
- 1PLAN provides health insurance security.
- 1PLAN insures all U.S. residents, covering 47 million people that don't currently have health insurance.
- 1PLAN prevents the deaths of 22,000 people per year in the U.S. that don't have health insurance.
- 1PLAN greatly expands most people's freedom to choose almost any doctor or hospital in the U.S.
- 1PLAN facilitates a healthier population.
- 1PLAN reduces hassles related to billing, procedure approval and denial of health insurance due to pre-existing medical conditions.
- 1PLAN reduces bankruptcies in the U.S. by 62%, saving the U.S. economy $24 billion .
- 1PLAN makes many businesses more globally competitive.
- 1PLAN reduces hassles and financial burdens for many businesses.
CONS OF THE 1PLAN SYSTEM
- 1PLAN greatly reduces the size of the current health insurance industry. However, the health insurance industry will be bought out.
- 1PLAN will cause some health insurance workers to lose their health insurance jobs. However, money will be provided for job retraining and new economic activity will be created as health care waste is diverted to other sectors of the economy.
- 1PLAN will have upfront costs: buying out the health insurance industry, setting up a new organization to handle health insurance premiums and reimburse health care providers. However, these costs will be small compared to the overall savings that will be realized by switching to 1PLAN.
- 1PLAN will be disruptive in the short term. The switch to 1PLAN will be a big change and will certainly be temporarily disruptive to the status quo.
- 1PLAN will obligate U.S. residents to purchase health insurance even if they don't want to.
- 1PLAN is a big change. Change can be difficult to accept and integrate.