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ObamaCare Discuss Koch-backed study finds ‘Medicare for All’ would save U.S. trillions at the General Forum; https://thinkprogress.org/mercatis-m...-0a8681353316/ An estimated cost of $32.6 trillion over 10 years is less than the US would spend over the next ...

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Old 07-31-2018, 04:44 PM
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Default Koch-backed study finds ‘Medicare for All’ would save U.S. trillions

https://thinkprogress.org/mercatis-m...-0a8681353316/

An estimated cost of $32.6 trillion over 10 years is less than the US would spend over the next 10 years under the current system.

Quote:
curiou as to why koches are supporting this. A single-payer Medicare for All system would reduce the amount the U.S. spends on health care by more than $2 trillion, a Koch brothers-funded study released Monday found.Research by the Mercatus Center at George Mason University — a libertarian think tank backed by the Koch brothers — projected that the Medicare for All plan championed by Sen. Bernie Sanders (I-VT) would cost the government $32.6 trillion over 10 years. The highly critical report found that even doubling all federal individual and corporate income taxes would not cover the costs of Sanders’ Medicare for All plan.The study did conclude, however, that Medicare for All would result in significant savings for the government because of lower prescription drug costs, saving $846 billion over the next decade. Streamlined administrative costs under the plan would save another $1.6 trillion, the researchers at the Mercatus Center found.
maybe they sold their pharmaceutical stock?

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When we talk about a Medicare for All system, it’s important to discuss the costs in the context of what the U.S. already spends on health care. As of 2016, national health expenditures — which includes federal spending, state Medicaid programs, and private employer health care spending — totaled $3.3 trillion per year, according to the Centers for Medicare and Medicaid Services.

That means that over the next decade, the U.S. is projected to spend more than $33 trillion, plus inflation, on health care services without any changes to our current health care system, significantly more than Mercatus’s estimated $32.6 trillion cost to the federal government over the next ten years.
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Sanders’ proposed single-payer plan would be free at the point of service, and would not include any cost-sharing — that is, no co-pays or premiums. Under his plan, taxes would replace those often high costs, which currently are shouldered by patients.

Research from March of this year found that the present system has left 15.5 percent of adults between 19 and 64 without health insurance, while more than a quarter of lower-income families are uninsured. Monday’s study concluded that not only would Medicare for All provide insurance for the millions of Americans currently without coverage, but it would also save the the United States $2.054 trillion over the next decade.
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In a comment to Fox News, Sanders took exception to the report’s conclusion Medicare for All would lead to a drastic increase in taxes, calling the study “grossly misleading and biased.” He noted, too, that that the center is funded by the Koch brothers, who known for their fierce advocacy of libertarian policies.
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Harping on the costs of the plan without discussing its benefits is a favorite tactic of the right, but centrist Democrats have a history of falling into the same trap.
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What no one seems to mention is what that money is paying for.

Ultimately, Sanders’ Medicare for All plan would provide comprehensive coverage for all residents of the United States, including primary and preventative care, emergency and hospital services, maternity and newborn care, prescription drugs, substance abuse and mental health services, as well as pediatrics, laboratory, and diagnostic services. The plan also guarantees dental, vision, audiology, and abortion coverage.
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Access to services like primary and preventative care will greatly decrease emergency room overuse, and expansive maternal care might help a country that boasts the unfortunate title of having the worst maternal death rate in the developed world.
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The point is this: The resistance to single-payer, especially among establishment Democrats, is really just resistance to changing the status quo. The Democratic party is supposed to be the one that believes government can and should help people. Single-payer, as Monday’s study confirmed, is the best way to do that — while also saving the government trillions of dollars!
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The status quo is already changing, anyway. Just two and a half years ago, it was former Secretary of State and future Democratic nominee Hillary Clinton who argued that “people who have health emergencies can’t wait for us to have a theoretical debate about some better idea that will never, ever come to pass.”

The irony, of course, is that in 1994, Clinton said she believed that by the start of the next decade, the U.S. would have a single-payer system. “I don’t even think it’s a close call politically,” she told reporters at the time. “I think the momentum for a single payer system will sweep the country… It will be such a huge popular issue… that even if it’s not successful the first time, it will eventually be.”
Quote:
At any rate, Sanders’ plan wouldn’t leave people with health emergencies waiting. According to legislation he introduced last fall, Medicare eligibility would expand over the course of four years and slowly transition people from private to fully public health care coverage.

In the first year, people aged 55 and older, as well as those younger than 18 would become eligible for Medicare. The second year, eligibility would extend to people older than 45, and then to people older than 35 in year three. By year four, everyone would be eligible for Medicare.
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Not long after Ocasio-Cortez’s victory, actress-turned-activist Cynthia Nixon, who’s challenging New York Gov. Andrew Cuomo in the state’s upcoming Democratic gubernatorial primary, endorsed Medicare for All, too.
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Nixon is one of a dozen candidates for governor across the country who supports a single-payer system. Congressional candidates running this cycle — including Ocasio-Cortez, Kara Eastman in Nebraska and Gina Ortiz Jones in Texas, among others — have already made Medicare for All a winning issue.
Quote:
Just days before the release of the Mercatus study, Ocasio-Cortez was asked about the costs of a single-payer system in an interview with Daily Show host Trevor Noah. She argued that the problem with instituting single-payer isn’t actually its high cost, but rather a resistance to change.

“A lot of what we need to do is reprioritize what we want to accomplish as a nation,” she said. “Really, what this is about is saying, health care is important enough for us to put first. Education is important enough for us to put first. And that is a decision that requires political and moral courage, from both parts of the aisle. Period.”
well here's hoping.
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Old 07-31-2018, 04:51 PM
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Default Re: Koch-backed study finds ‘Medicare for All’ would save U.S. trillions

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Originally Posted by saltwn View Post
https://thinkprogress.org/mercatis-m...-0a8681353316/

An estimated cost of $32.6 trillion over 10 years is less than the US would spend over the next 10 years under the current system.
Our government spends 3.2 trillion in tax dollars each year on medicare?
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Old 07-31-2018, 10:26 PM
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Default Re: Koch-backed study finds ‘Medicare for All’ would save U.S. trillions

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Our government spends 3.2 trillion in tax dollars each year on medicare?
on the health care system over all. private and public
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Old 08-01-2018, 07:19 AM
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Default Re: Koch-backed study finds ‘Medicare for All’ would save U.S. trillions

All of a sudden, after years of telling us how vile they are, you like the Koch brothers.
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Old 08-01-2018, 11:07 AM
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Default Re: Koch-backed study finds ‘Medicare for All’ would save U.S. trillions

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Originally Posted by saltwn View Post
on the health care system over all. private and public
So that is a no. Our federal government(meaning we roughly)spend 4 trillion a year. So everyone's taxes would almost double to pay for that.We spend nearly 600 billion on medicare, not 3.2 trillion. Just because overall we spend 3.2 trillion doesn't mean most people have expensive medical bills.



https://www.pgpf.org/budget-basics/b...ainer-medicare
Medicare is the second largest program in the federal budget. The Congressional Budget Office (CBO) projects that it will cost $583 billion in FY 2018
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Old 08-01-2018, 11:59 AM
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Default Re: Koch-backed study finds ‘Medicare for All’ would save U.S. trillions

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All of a sudden, after years of telling us how vile they are, you like the Koch brothers.
I'm curious as to their motives. but I guess the cat was out of the bag. the intent seemed to be to blast the idea but- some people actually read the report.
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Old 08-01-2018, 12:01 PM
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Default Re: Koch-backed study finds ‘Medicare for All’ would save U.S. trillions

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Originally Posted by jamesrage View Post
So that is a no. Our federal government(meaning we roughly)spend 4 trillion a year. So everyone's taxes would almost double to pay for that.We spend nearly 600 billion on medicare, not 3.2 trillion. Just because overall we spend 3.2 trillion doesn't mean most people have expensive medical bills.



https://www.pgpf.org/budget-basics/b...ainer-medicare
Medicare is the second largest program in the federal budget. The Congressional Budget Office (CBO) projects that it will cost $583 billion in FY 2018
read the article
what you're saying was the initial reaction to a headline but then the report went on to compare and medicare for all is cheaper
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Old 08-01-2018, 12:13 PM
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Default Re: Koch-backed study finds ‘Medicare for All’ would save U.S. trillions

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Originally Posted by saltwn View Post
read the article
what you're saying was the initial reaction to a headline but then the report went on to compare and medicare for all is cheaper
If medicare is cheaper, it will come at the expense of access to doctors and hospitals.

As I said in another thread, until we address the fundamental reasons that HC costs are rising, any proposed solution that does not address these issues, is doomed to fail. Medicare for all is a joke of an idea. It just adds layers of government red tape to an industry already buried in red tape.
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Old 08-01-2018, 12:36 PM
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Default Re: Koch-backed study finds ‘Medicare for All’ would save U.S. trillions

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If medicare is cheaper, it will come at the expense of access to doctors and hospitals.

As I said in another thread, until we address the fundamental reasons that HC costs are rising, any proposed solution that does not address these issues, is doomed to fail. Medicare for all is a joke of an idea. It just adds layers of government red tape to an industry already buried in red tape.
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Old 08-01-2018, 01:00 PM
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Default Re: Koch-backed study finds ‘Medicare for All’ would save U.S. trillions

As luck would have it, I just happened to come across this video from Steven Crowder. He puts the Canadian plan to the test and explains it in simple English for all to understand. It is a couple of years old, but the points still stand.


https://www.youtube.com/watch?v=q2jijuj1ysw
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