Democratic Primaries
In reply to the discussion: Single Payer is good for union workers. Obviously. [View all]DanTex
(20,709 posts)The M4A plans by Bernie and Warren don't just extend current medicare, they also improve the coverage above what medicare currently provides, including no copays or deductibles.
How does it work? It works because it reduces administrative costs and profits, and also allows the single payer to bargain more effectively with providers and drug companies to get lower costs. The real proof that it works is the fact that it works in many countries all over the world. If you look at Canada, UK, Australia, etc., they have lower healthcare costs, universal coverage, and generally better healthcare outcomes.
M4A is not going to immediately cut US healthcare costs in half to match the rest of the world, of course. Some cost savings would be immediate, mostly the administrative costs of having hundreds of private plans to wrangle with. But other cost savings will take some time to wring out of the system.
And, in the end, you can be confident that Bernie and Warren, of all people, are not going to sign a bill that reduces the quality of coverage that union members get. Also, M4A is probably not going to pass as-is, right away, if anything gets through congress it will probably be some kind of hybrid like in Switzerland or Netherlands.
primary today, I would vote for: Undecided