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Message
Single payer in America would cost almost as much as current ENTIRE federal budget
Posted on 7/29/18 at 1:49 pm
Posted on 7/29/18 at 1:49 pm
Most recent study has it costing 3.2 trillion, around 85% of current federal expenditures
But all you need is political “will”.....right?
How THE frick are we going to pay for such a massive expansion?
But all you need is political “will”.....right?
How THE frick are we going to pay for such a massive expansion?
This post was edited on 7/29/18 at 1:52 pm
41
Posted on 7/29/18 at 1:51 pm to HailHailtoMichigan!
How much do Americans currently spend on health insurance premiums?
Posted on 7/29/18 at 1:52 pm to HailHailtoMichigan!
quote:More debt and inflation
How THE frick are we going to pay for such a massive expansion?
Posted on 7/29/18 at 1:52 pm to HailHailtoMichigan!
I always tell liberals the same thing. Tell me how you plan to ration care and demonstrate those principals in Medicare and Medicaid and we can talk about some kind of government funded health care for all.
Until then, you're not serious about this, it's just an ideological talking point.
Until then, you're not serious about this, it's just an ideological talking point.
Posted on 7/29/18 at 1:53 pm to HailHailtoMichigan!
I don’t understand. My professor told me it was free. That it was from the government. You know, free.
Posted on 7/29/18 at 2:00 pm to HailHailtoMichigan!
I agree it's retarded, but you have to calculate up how much is spent on insurance premiums collectively and then subtract from that number, as your insurance premiums would be going straight to the federal government. Single payer kinda works ok in some other places, but it would not work here because there are 40+% of the population that are used to having no federal tax burden, and single payer only functions at all if every single person is paying into it. You can be sure the Dems will try to implement it will simultaneously saying only 'rich' people will pay. Even in the places that have it semi successfully, wait times for critical procedures even are enormous. In Canada the average wait time to even see a specialist for a serious issue is 18+ weeks. Rationing and death boards are required. The quality of the health care and service we receive now in the us is a billion times better than these places, and our poor health as a country has nothing to do with our health Care system. If the average us citizen lost 20 lbs our health Care costs would be cut in like half
This post was edited on 7/29/18 at 4:07 pm
Posted on 7/29/18 at 2:01 pm to HailHailtoMichigan!
Americans spent $3.3 trillion on healthcare in 2017, so looks like single payer would be cheaper than the current system.
Posted on 7/29/18 at 2:03 pm to 4cubbies
quote:
How much do Americans currently spend on health insurance premiums?
The average for an individual in 2016 was $321/mo, or $3,852/Yr. If that rate was used for roughly 325M Americans, that's $1.252T. The reality is many of those are covered as part of a family plan that is cheaper than the individual, and the real number is less than that. That's just premiums, of course. But that's what you asked. You would need to add the co-pays, coinsurance, and other out-of-pocket stuff to get to a number more equivalent to the one being cited.
Link to CNBC Article which was the first one I saw with the answer on the Google machine
Posted on 7/29/18 at 2:04 pm to 4cubbies
quote:
so looks like single payer would be cheaper than the current system.
Wanna bet?
Posted on 7/29/18 at 2:07 pm to HailHailtoMichigan!
And the quality of care would fall drastically.
Posted on 7/29/18 at 2:07 pm to 4cubbies
quote:
Americans spent $3.3 trillion on healthcare in 2017, so looks like single payer would be cheaper than the current system.
This is elite level ignorance.
Posted on 7/29/18 at 2:09 pm to moneyg
How did you interpret those numbers? Enlighten me.
Posted on 7/29/18 at 2:10 pm to moneyg
quote:
This is elite level ignorance.
It's wishful thinking at best
Posted on 7/29/18 at 2:10 pm to DaGarun
The average for a family was over $800/month, correct?
Posted on 7/29/18 at 2:11 pm to 4cubbies
quote:Much more after obamacare.
How much do Americans currently spend on health insurance premiums?
Posted on 7/29/18 at 2:12 pm to DaGarun
quote:
The average for an individual in 2016 was $321/mo,
Seems very low. I pay much more than that for my family coverage.
Posted on 7/29/18 at 2:13 pm to 4cubbies
quote:The key flaw in your argument is you are looking at.....averages.
4cubbies
A single payer system would be paid through taxes that are NOT based on amount of care consumed. Instead, it would be based on income.
What that means is someone today who doesn't use lots of healthcare and chooses low premium/high deductible plan would end up paying more in increased taxes if we switch to single payer.
That is the point of my OP. Single payer systems do not tax people more who consume higher amounts of care.
Posted on 7/29/18 at 2:14 pm to Jake88
quote:true but that doesn't matter much in this context.
Much more after obamacare.
Posted on 7/29/18 at 2:15 pm to tiggerthetooth
quote:Absolutely. You wanna know what it would look like? Visit a VA or if you're from New Orleans, recall Charity Hospital and University, the old Hotel Dieu. Shitty.
And the quality of care would fall drastically
Posted on 7/29/18 at 2:15 pm to HailHailtoMichigan!
quote:. What argument did I make?
The key flaw in your argument is you are looking at.....averages.
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