Mercatus Study Finds 'Medicare for All' Saves $2 Trillion over 10 years!

Perfectson

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The two highest rated medical services by users in the us is Medicare and the VA. Even with all the “scandals” that get hyped to make them look bad still the highest rated.


easy to be highly rated when you're servicing a certain type of demographic

not sure if there's an official name, but you can get cheap amazon goods that show high ratings but take that same good and add a premium to it and it will have a lower rating...no other reason except its more expensive, despite quality being better,.
 

Geek Nasty

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easy to be highly rated when you're servicing a certain type of demographic

not sure if there's an official name, but you can get cheap amazon goods that show high ratings but take that same good and add a premium to it and it will have a lower rating...no other reason except its more expensive, despite quality being better,.

Because old people and war wounded are the easiest demos to serve :mjlol:

Man foh
 

Perfectson

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Because old people and war wounded are the easiest demos to serve :mjlol:

Man foh


it's free for the most part, not saying it sucks but it's free...

how do you know if something is bad if you haven't been upgraded to the alternative? and yes war wounded are easier to please then uptight well-to-do citizens, are you kidding right now? VA is very good for being free but it's not John Hopkins in any stretch of the imagination. Nor is Medicare/Medicaid comparable to a private insurer like UHC or Aetna.


I have way more experience in this topic than you btw, I say that not to say I'm right, but you have no experience or common sense in what you're speaking about. Let an appointment be 30 minutes late at private hospital compared to the VA....you will see a stark difference.
 

the cac mamba

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the problem is that with the way it is now, the people/private industry spend X amount, and it's more money. if medicare for all takes over, it will cost less but the government is picking up the entire bill

we really need to sit down and hash this out before they try to implement it :snoop: this CANNOT happen without serious spending cuts
 

FAH1223

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the problem is that with the way it is now, the people/private industry spend X amount, and it's more money. if medicare for all takes over, it will cost less but the government is picking up the entire bill

we really need to sit down and hash this out before they try to implement it :snoop: this CANNOT happen without serious spending cuts

Not really. We're spending $2.2 trillion per year already to cover the elderly, veterans, disabled, low income people and children. Medicare For All would be another $1 trillion, most of which is premiums and out of pocket expenses paid for by businesses and consumers.

It's all about shifting what we're already paying into government coffers and then using the weight of the federal government to institute a national rate setting mechanism for providers and breaking up hospital monopolies across the country with antitrust action.

The solutions are easy to see but implementation would be a bytch.
 

88m3

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This would be amazing for our economy and health care at large.

Imagine how that money could be better applied!

I really hope we can follow through.
 

the cac mamba

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Not really. We're spending $2.2 trillion per year already to cover the elderly, veterans, disabled, low income people and children. Medicare For All would be another $1 trillion, most of which is premiums and out of pocket expenses paid for by businesses and consumers.

It's all about shifting what we're already paying into government coffers and then using the weight of the federal government to institute a national rate setting mechanism for providers and breaking up hospital monopolies across the country with antitrust action.

The solutions are easy to see but implementation would be a bytch.
the government takes in what, 3.5 trillion a year in taxes? so we need to tax everyone an extra 30%?
 

FAH1223

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the government takes in what, 3.5 trillion a year in taxes? so we need to tax everyone an extra 30%?

People who want to increase payroll taxes would say that but that's not popular.

Best way is to do what Japan or Germany did which is an employer mandate. Employers would pay what they would have paid in premiums to private insurers to the government instead. Hell, it'd probably be less on aggregate.

Remember, we're already spending $2.2 trillion on public sector healthcare. The remaining $1 trillion is what we're already spending on private insurance!
 

Perfectson

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Not really. We're spending $2.2 trillion per year already to cover the elderly, veterans, disabled, low income people and children. Medicare For All would be another $1 trillion, most of which is premiums and out of pocket expenses paid for by businesses and consumers.

It's all about shifting what we're already paying into government coffers and then using the weight of the federal government to institute a national rate setting mechanism for providers and breaking up hospital monopolies across the country with antitrust action.

The solutions are easy to see but implementation would be a bytch.


Which could potentially degrade the health space and innovations in america. As bad as you believe the health system is, people fly to this country to seek the best medical treatment. Haven't heard too many people say I'm flying to Canada or Norway for the best treatment unless they are trying to save money . Theres a reason for that because doctors and facilities are incentivized to provide top notch care and purchase the best and newest innovations, you put a cap on services and you will probably cause some issues involved the medical space. ..which is why insurances are valuable
 

Perfectson

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People who want to increase payroll taxes would say that but that's not popular.

Best way is to do what Japan or Germany did which is an employer mandate. Employers would pay what they would have paid in premiums to private insurers to the government instead. Hell, it'd probably be less on aggregate.

Remember, we're already spending $2.2 trillion on public sector healthcare. The remaining $1 trillion is what we're already spending on private insurance!


Don't be naive , use common sense. Medicare is going broke by 2022...why do you believe it would only cost 1 trillion dollars lol...

If it only add $1 trillion by the 3rd year, a hospitals would go bankrupt

Some of you have no idea how the health industry works. You haven't researched profit margins or how medicare impacts current hospitals and how servicing medicare patients creates holes in most hospitals book's that they have to close by charging higher fees to pmi patients .

I suggest you do more research on this and not regurgitate poor analysisthatt makes wild assumptions . Doesn't discuss the cost of being a doctor's and doesn't discuss tort reform and frivolous malpractice lawsuits . Bernie probably knows the entire system would need to be overhauled for this to work, M4A would require higher taxes across all incomes, free education because new doctors wouldn't be able to afford to practice , and severe rewrite if tort laws
 

FAH1223

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Don't be naive , use common sense. Medicare is going broke by 2022...why do you believe it would only cost 1 trillion dollars lol...

If it only add $1 trillion by the 3rd year, a hospitals would go bankrupt

Some of you have no idea how the health industry works. You haven't researched profit margins or how medicare impacts current hospitals and how servicing medicare patients creates holes in most hospitals book's that they have to close by charging higher fees to pmi patients .

I suggest you do more research on this and not regurgitate poor analysisthatt makes wild assumptions . Doesn't discuss the cost of being a doctor's and doesn't discuss tort reform and frivolous malpractice lawsuits . Bernie probably knows the entire system would need to be overhauled for this to work, M4A would require higher taxes across all incomes, free education because new doctors wouldn't be able to afford to practice , and severe rewrite if tort laws

Medicare is not going broke. That’s a right wing lie.

The system we have right now is not sustainable. You can’t pay 20% of GDP on healthcare and have 15% of the population not covered. You can’t have the price gouging existing.

Single payer does require overhauls and yes providers will be hit. Drug companies will be reigned in.

This isn’t rocket science. $32 trillion over 10 years for M4All is better than $40 trillion+ over 10 years with this system.
 

ColdSlither

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the problem is that with the way it is now, the people/private industry spend X amount, and it's more money. if medicare for all takes over, it will cost less but the government is picking up the entire bill

we really need to sit down and hash this out before they try to implement it :snoop: this CANNOT happen without serious spending cuts

We could start with the military industrial complex.
 
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