RE: Bernie Sanders' "Medicare for All" plan is really expensive over a 10-year period....
September 22, 2018 at 4:44 pm
(This post was last modified: September 22, 2018 at 4:46 pm by Anomalocaris.)
(July 31, 2018 at 1:42 pm)Aegon Wrote: .......but not as expensive as the one we have now!!
Study: "Medicare for all" plan touted by Bernie Sanders would cost $32.6 trillion
Sure, it's done by a libertarian think tank partially funded by the Koch Brothers, but it is a scholarly study. I don't doubt the program would cost somewhere in that range. Conservative sites are having a field day with this news, but they're missing a key detail....
The system we currently have is going to cost $33 trillion over 10 years!
I don't personally support single-payer. I don't think it's the best way to go in the US. BUT I have to say... two systems that cost about the same amount, but under one of them I wouldn't have to be afraid to call an ambulance because I can't afford it? Sounds enticing for sure.
The American medical system is optimized to extract the greatest profit from those who could manage to pay, not to reduce the total social cost of ill health. So naturally the overall cost would seem prohibitive if the same extractive pricing scheme is broadened to universal coverage, especially if the offset in reducted social cost of ill health is not considered in the balance.
I don’t think real medical reform is possible in this country without such violent social upheaval as to put the fear of real death in minds of those whose vested interests would otherwise be to oppose it.
