While not as razor sharp as Lee's videos, this video from Healthcare for America Now and Jacki Schechner is pretty great.
And it raises a significant point. Joe Scoldborough and other Republican pundits, along with the various weak and bought-off members of Congress, continue to gripe about the cost of healthcare reform and the public option over ten years (the arbitrary CBO term). Well, how much are we paying right now towards private health insurance profit and overhead?
Extrapolating the total revenue of the top 13 biggest health insurance providers over ten years (10 year total: approximately $2.5 trillion), then calculating 30 percent in overhead and profits subtracted from that revenue, we're paying $750 billion over ten years for private health insurance profit and overhead.
That's a lot. Especially considering that the current system doesn't even cover everyone and that premiums and costs continue to increase year-to-year. Not to mention the amount of money we pay towards deductibles, co-pays and this other phantom thing called co-insurance.
$750 billion over ten years for a shoddy system that routinely screws us.
Yeah, a public option is all kinds of awful in comparison.