A Nationalize Healthcare System Is the Right Thing to Do for All Americans but Can Americans Afford It - Research Proposal Example

A report issued by the advocacy group Families USA described that the age of the people who are without healthcare coverage is below 65, while those who are 65 and up are covered by government Medicare program. Thirty-three percent of 265 million Americans under 65 have been uninsured for two years. This includes 60.1 million adults and 26.6 million children and teens up to 18 years old. This amount may have been different from the statistic given above by the Census Bureau. This discrepancy indicates one of the weaknesses of the market because it relies on data from the third or fourth party as it emphasizes on cost saving.

Americans obtain health insurance through a combination of private coverage under employers’ contribution scheme, out of pocket private contribution, and those who are unemployed, without employers’ contribution or unable to purchase insurance under out of pocket schemes are under government Medicare program. The recent bankruptcy cases, such as the mortgage corporations Fannie Mae and Freddie Mac, which operate under a public-private partnership scheme, have affected millions of Americans.

People abandon their homes (Rucker, 2009) and become homeless (The National Alliance to End Homelessness, 2009; DeLuz, 2006; Rydstrom, 2007). The massive lay off and bankruptcies of the giant automakers Chrysler and General Motor, the Wall Street Journal, the renewable energy corporations, the AIG insurance, and million other bankruptcies of private corporations, all have caused the number of Americans without health insurance to be doubled, from 47 million to 86.7 million people.3 This number represents one-third of the nation’s total population.

Peter Jennings, the ABC television anchor presented his documentary entitled Breakdown: America’s Health Insurance Crisis, described the capitalistic attitude of the insurance providers.