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Update on Landmark Study on Single-Payer as Economic Stimulus
Date:2/24/2009

OAKLAND, Calif., Feb. 24 /PRNewswire/ -- With President Obama preparing to present his budget proposal, which is expected to include both an update on his economic stimulus initiatives and a renewed call for healthcare reform, the nation's largest organization of registered nurses today released new data on how the most comprehensive healthcare fix would create new jobs in nearly all areas of the national economy.

Overall, expanding and upgrading Medicare to cover all Americans (single- payer) would create 2.6 million new jobs, infuse $317 billion in new business and public revenues, and inject another $100 billion in wages into the U.S. economy, according to the study by the Institute for Health and Socio-Economic Policy, research arm of the California Nurses Association/National Nurses Organizing Committee. The study may be viewed at http://www.CalNurses.org.

While 30 percent of the new jobs would be in health and social services, the ripple effect of job creation goes throughout the economy, according to updated data released today. Biggest additional gains would be in retail trade, accommodation and food services, manufacturing, and administrative services.

"The new data reminds us that the most effective solution to our healthcare crisis would also provide a dramatic, immediate help towards economic recovery," said 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."

HR 676, a bill recently reintroduced in Congress, would implement a single-payer system.

CNA/NNOC represents 85,000 RNs in all 50 states, and is a founding member of the newly formed United American Nurses-NNOC.


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SOURCE CNA/NNOC
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