Have a question about Medicare for all

[Polybius]

Right now I'm making under $40,000 a year. Healthcare for me would be roughly $320 a month, with the ACA, and that's just basic coverage. It still costs money to get sick.

So, it if were repealed and replaced by Medicare for all, would it be completely free for myself and others in my income range? Would medicine cost $1?

[elleng]

1. The details for all the proposals are unknown at this point,

so, imo, it's not possible to assess which we prefer.

[Hassin Bin Sober]

6. A 4% premium based on income sounds like a detail to me.

Which would equal $200 dollars a month for the op.

Full coverage and no bankruptcy if they get sick.

Creating a 4 percent income-based premium paid by employees, exempting the first $29,000 in income for a family of four
Imposing a 7.5 percent income-based premium paid by employers, exempting the first $2 million in payroll

Having old sick people covered by the government while for-profit insurance extracts profit from young healthy people is stupid and unsustainable.

It’s OUR MONEY! Why split the insurance pools and fork dollars over to private insurance so they can tell you to fuck off to the government when you get old and sick?

[Voltaire2]

11. Because we need to have the choice of the crappy ass employer private insurance

that we have absolutely no choice about choosing.

Because reasons.

Because we cannot have nice things.

[Humanist_Activist]

2. Depends on the scheme used, your taxes would increase based on a progressive tax structure...

whether that would equal or be less than the 320 dollars a month you pay now I can't say odds are it would be less. As far as out of pocket costs, under Bernie's plan, its supposed to be 0 dollar copays and no deductibles.

[Polybius]

3. I don't mind taxes being increased

A item tax would make a lot of sense. Raise taxes a little on gas and everything else. Especially raise taxes on the wealthy.

[Humanist_Activist]

5. I would imagine it would be from within the FICA taxes we already pay...

whether there will be an additional premium as exists now for Medicare users, I don't know, I know under Sander's plan there's not supposed to be.

[vsrazdem]

4. I believe no copays or deductibles, and $200 total out of pocket drug coverage per year, otherwise

it will be paid in taxes.

[Bev54]

7. Not free entirely

You will pay through taxes but much less than you are paying now for two reasons, everyone will be paying into the same bucket and costs will be less for hospital and doctors, well maybe 3 because it will not be for profit. There is no co-pay or deductibles for basic healthcare. You don't lose it if you lose your job or change jobs. ALL people will be covered. There is not restrictions on pre-existing conditions you will be covered no matter what. It not only helps your pocket book but your peace of mind.

[Control-Z]

8. Medicare is not free.

There is a monthly premium after which it covers 80% of most medical fees. Co-pays are around 20% of your doctor's office visits. There are treatments that are not
currently covered and will likely remain uncovered. Prescription drug coverage is currently inadequate and in need of sound changes. This explanation is a simplified one of the current Medicare system and is in no way comprehensive.

I'm not sure where people got the idea that Medicare is free. It is not.

Medicare is NOT free.

Current costs and out of pocket charges are bound to change though I doubt they will go down. And while these charges may ultimately come out in your taxes they will still be equal to what your premiums and share of costs would be.

[Voltaire2]

10. Medicare for all is not medicare.

But it is also not free.

[Leith]

12. We all know where people got the idea that Medicare is "free"

It's a rethug lie. They keep spewing it every time universal health care is brought up.

[Control-Z]

13. Wouldn't that be a selling point??

One that would advantage us?

Republicans are freaking crazy!

[Leith]

14. No

Leave the lies to the rethugs.

[Polybius]

15. It's free for those making under $14,000 a year

Trust me, I know. I know someone who works 45 hours a week, but is only on the books for a day or two a week. He pays nothing for his health care, only $1 when he needs meds.

[Voltaire2]

9. If you are working you will likely see a higher payroll tax.

But it will almost certainly be less than your current premiums and under the current house and senate bills there are no deductibles and either very limited or no co-pays, no out of network bills, mystery charges, or the rest of the bullshit we put up with. And the plans include medical dental vision mental health and (Maybe?) long term care. So your only major expense would be the tax increase.

It really is a game changer in terms of how most of us would experience health care.