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Time for Single Payer: How Insurers Pass Risks and Costs to You

Time for Single Payer: How Insurers Pass Risks and Costs to You

Brant S. Mittler

The chief executive officer of Aetna, Ronald Williams, recently told a U.S. Senate committee that a government-run health-insurance program for all Americans would shift the cost of medical care to private insurers rather than save money. Most Americans probably don't understand that cost-shifting - or risk-shifting - is the most important process in the health-insurance shell game that has crippled American health care in the past 50 years. Some call it a "hidden tax."