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

[Hoyt]

35. Well, you have to add in what you and others have paid into the system for 40 years.

$300 a month covers 25% of what Part B (basically, doctors and labs) is projected to cost and your coverage for plan N. Part A (essentially costly Hospital care) is paid for entirely by Medicare taxes and deductibles and co-insurance. I will bet you, that even a 35 year old won't get coverage under Medicare-for-all for less than $500 a month plus co-insurance and deductibles.

If you or I -- I have Medicare too -- were paying the full cost through private insurance, we'd be paying well over $1,200 a month.

I really don't think people will dance for $1,200 in the first year, because as soon as rates go up 15% in the next year, that will evaporate.

Again, I think Medicare-for-All -- or a Public Option that will be easier to enact -- is the only way to go. Everyone needs to be insured. Those that need subsidies should get them, and those who can afford it, should pay more. Recent tax cuts need to be reversed, military budget needs to be cut, and the entire health care system needs to be restructured with the aim of removing as much profit as possible that does not go toward innovation and investment.