2016 Postmortem
In reply to the discussion: Is there a primer on the Chelsea healthcare incident? [View all]JDPriestly
(57,936 posts)that was debunked on Huffington Post.
That $19 trillion number for starts assumes that no money is being spent on health care today. Sanders' plan would, of course, transfer the money we now spend on for-profit to a nonprofit, perhaps government, perhaps private non-profit type system. Thus that 19 trillion number is way, way, way exaggerated.
(Medicare covers my Kaiser insurance and even the for-profit insurance for some other seniors. We have a choice under Medicare. It is not all just government-run insurance.)
Considering that there would be other savings such as savings due to negotiating pharmaceutical prices should we change to Medicare for all and considering that the exorbitant amounts we pay for healthcare today would be absorbed into the overall costs of Sanders plan and thus not be in addition to but be instead of what we now spend for healthcare, there is a possibility that Sanders plan would save money at least with regard to the limited coverage, the limited number of people insured today.
Any additional cost under Sanders' plan would be due to the fact that Sanders' plan would cover many people who now have no health insurance. Sanders' plan would, pro person, probably be cheaper than our current insurance coverage.
Countries that have single payer insurance spend less on healthcare than we do.
Obamacare is a step in the right direction, but it is in fact very expensive.
Medicare for seniors is quite expensive because it covers people in the most expensive years of their lives when it comes to medical care.