Question about Medicare 4 all, how would it cost more than the current system? [View all]

[Humanist_Activist]

Let's make some comparisons, I make just barely enough money where my 340 dollar a month premium from my employer provided plan is slightly less than letting me opt for an exchange plan. On top of that its a 2000 deductible, 3 tier copay structure for Prescription drugs. For example, last month got a bad ear infection, all said and done, cost a little over 200 dollars to fix. It would have been astronomically more expensive without insurance.

My Dad was laid off in January, 2 years before he qualifies for Medicare, and now has to pay full premium for his previous employers plan, its over 1000 dollars though he won't say by how much. He's previously had a stroke and a heart attack, so its not cheap, and neither are his medications. He is seriously thinking of divesting himself of all of his assets before the end of this year to try to get Medicaid.

My fiancee is disabled and has Medicare, she pays 140 dollars a month on premiums, and maximum copays are 50 dollars for specialist doctor visits and 37 dollars for prescriptions each. Out of all the medications she takes, only one reaches even close to that max, our total monthly budget for her medications is about 50 dollars. For perspective my copays for specialists is 75 and there is no maximum copay for tier 3 medications.

Even factoring in FICA, Medicare for all its flaws seems a hell of a lot better than even Gold plans under any unsubsidized private insurance. And thats with it being full of mostly elderly and disabled people! How would adding the rest of us make it more expensive per capita?