U.S. hospital group chimes in on universal health care

With political groups and possible U.S. Presidential candidates all chiming in on what needs to be done to fix the American health care system, a group of hospitals has put forth its plan to tackle the issue of covering the nation's 47 million uninsured.

The proposal from the Federation of American hospitals includes mandatory coverage for all and subsidies for the working poor. Although the group only covers about 20% of the hospital industry, its latest proposal stands in line with all the other suggestions that range from privately-funded health care accounts to free health care for all.

This latest proposal would increase federal spending by $115 billion and would actually build on -- not replace -- the employer-based health system where most Americans already receive health coverage.