“We can’t solve problems using the same level of thinking that created them” Albert Einstein.
My goal for this proposal is to make Healthcare and Education free for everyone since part of our human right. This proposal summarize ways of making Healthcare and Education system actually free in the Global level and I believe we can. According to the Congressional Budget Office, the United State government spent 3.5 trillion dollars in Healthcare alone and yet over 29 million Americans were uninsured. Sometimes you have to be part of the 29 million to understand how it feels not to have insurance.
California Health Care Foundation Health Spending Distribution By Sponsor in 2017
Federal Government. 28%
Private Company. 20%
State and Local government. 17%
Private Donation. 7
Total: 3.5 Trillion
According to the table above, we see that we pretty much pay for all the expenses including our health insurance through our taxes and the private sector pays 20% and that’s where the huge problem lies. This proposal will give us some insight on how to fix the private sector without jeopardizing it and the 30:5 theory is the solution.
The 30:5 theory suggest that every American will have free Education from Pre School through College, and also have free quality Healthcare no matter the condition. Secondly, the theory will remove every student loan debt and if you’ve already paid your loan, it will settle some of your credit debt. In addition, it can boost your credit rating as well as given all new born babies 50 dollars investment for their graduate school programs.However, if you decide not to pursue graduate school, the money could help boost your pension.
The idea is to enable parents to purchase an Education Policy for their children after college. This will help students gain sufficient funds to continue their education as well as creating a new educational policy for insurance companies. The only changes happening here is taking the Healthcare aspect from the Insurance Companies and replacing it with an Education Policy Insurance. This will also help the Insurance Company to compete for more people depending of prices.
We will build a house-like institutions for the homeless, people with mental health issues and our prisoners when they come out from the prison. This house-like institution will serve as educational training ground to help educate and assists them in their well-being, both physical and psychologically in an independent environment. Our Senior citizen population will also have the same assistance with quality care. Workers and Small Companies who will be affected during this process will be first to hired under the new Single Institute and small companies can joint together to work on similar product.
We going to fund this huge and brilliant idea by using the 30:5 theory by combining Education and Healthcare into one Single Entity that will administer this service to WE THE PEOPLE. We will have expertise and local councils to decide the things we will need for both healthcare and education to better and improve our wellbeing. Upon agreement to pursue this idea, there’s going to be two forms of payment. The first one-time payment is going to be 30% deduction of our monthly income and subsequently 5% every month. This will alleviate any payment from paystub except social security, taxes and the 5% monthly premium. This entity will provide all this care through the 5% our monthly premium.
The 30% is mostly an investment for profit to help subsidizes for care and education. Primarily, the 15% will go towards low affordable housing so that everyone will be able to find an affordable house or apartment. The profit generated will help pay for care. Another 10% will go into investment for more profit for unforeseen events, payoff student loans debt and new born investments. Meanwhile, the last 5% will go towards the developing countries so that they can all have free education and healthcare Globally.
Although, this can turn things around but nothing really changed. The government budget for both Education and Healthcare will still be implemented, however, more money will go into workers salary and increases infrastructure for schools, hospitals and research centers. There are many advantages this proposal contribute, and I have a detail section that further elaborates. The fundamental idea is to develop a concept that will help fix the system to work for everybody.
This system will create jobs that will give everyone at minimum, some kind of purpose to live for. We have to let CBO give us the figures with this plan and we can go from there. I still want people who believe in free healthcare and education for all to come together, let’s plan, put ideas together and change the world by making it better place for everyone irrespective of your age, gender or nationality . Let’s join hands and make history.
Let’s put our negativity and politics aside and take this proposal at heart, not for our sake but our grandchildren and the future generation. “Only a life lived for others is a life worthwhile. Einstein.”
The questions below is what CBO suggest a single payer should consists and this 30:5 theory help us to answer all those questions.
Design Components and Considerations for Establishing a Single-Payer System
This report focuses on the following key design components and considerations for policymakers interested in establishing a single-payer system:
How would the government administer a single-payer health plan?
Who would be eligible for the plan, and what benefits would it cover?
What cost sharing, if any, would the plan require?
What role, if any, would private insurance and other public programs have?
Which providers would be allowed to participate, and who would own the hospitals and employ the providers?
How would the single-payer system set provider payment rates and purchase prescription drugs?
How would the system be financed?