Labor Union Blog

pBy Doug Cunningham/p
pCreation of a single-payer universal health care program would create 2.6 million jobs in the U.S. according to a study from the California Nurses Association. The union says establishing national single-payer health care would be a major economic stimulus, infusing $317 billion in new business and public revenues and $100 billion in wages into the U.S. economy. The study says the current total spent on health in the U.S. is $2.1 trillion. Expanding Medicare to deliver health care for all in the U.S. would add $62 billion to that cost – much less than the cost of the Wall Street bailout. The study was done by the Institute for Health and Socio-Economic Policy, a research arm of the California Nurses Association. /p