General Discussion
In reply to the discussion: Most Americans oppose health law but like provisions [View all]TBF
(36,568 posts)If everyone pays in through payroll deduction there will be plenty of money in the kitty - and yes those deducts would go up a bit but we would also not have to pay the outrageous insurance costs we pay now. Currently my family of four pays over $1000/month and that is before all the co-pays for doctor's visits and prescriptions. Of course how much the doctors and hospitals charge would be lowered because the insurance companies don't pay the mark-ups they have now & they sure wouldn't be paid under medicare. And, yes, this takes a lot of the profit out (and that includes the big profits for insurance execs and shareholders), but there would also be a lot of cost savings realized because paperwork can be streamlined - one system. There are many more areas of our economy that need to be nationalized but we can start with this one because it is by far one of the biggest problems.