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Nurses to Congress: Expanding Medicare Could Reverse Job Losses, and Repair Our Broken Healthcare System and Safety Net
Date:1/28/2009

CNA/NNOC Co-president Geri Jenkins, RN. "The jobs creation that would come from a single payer-system is just one reason RNs know that single-payer is the right thing to do for our patients, for ourselves and for our country."

The first-of-its kind study analyzes the economic benefits of healthcare to the overall economy, showing how changes in direct healthcare delivery affect all other significant sectors touched by healthcare, and how sweeping healthcare reform can help drive the nation's economic recovery. It was conducted by the Institute for Health and Socio-Economic Policy, the CNA/NNOC research arm.

"I'm an economist, and this study looks not only at what is happening within the healthcare field but also at the larger ripple effects into this economy," Robert Fountain, a frequent economics consultant for the California Public Employees' Retirement System (CalPERS), who served as a consultant on the study, said at the briefing. "The study shows that single-payer reform based on the Medicare model would create jobs - and a lot of them - not only in the health field but also out in those areas where the ripples flow."

"Through direct and supplemental expenditures, healthcare is already a uniquely dominant force in the U.S. economy," said Don DeMoro, IHSP director and lead author of the study.

"However, so much more is possible. If we were to expand our present Medicare system to cover all Americans, the economic stimulus alone would create an immense engine that would help drive our national economy for decades to come," DeMoro said.

Dr. Walter Tsou, board adviser for the Physicians for a National Health Program board adviser and former health commissioner of Philadelphia, and Ronald Hikel, chief legislative and health policy aide to Rep. Eric Massa of New York, joined Fountain and Jenkins as speakers at the briefing.

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SOURCE California Nurses Association
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