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Study: 'Medicare for all' projected to cost $32.6 TRILLION, yes TRILLION.
invite response
2018 Jul 30, 7:51am 20,963 views 70 comments
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18
socal2
2018 Jul 30, 11:09am
LeonDurham says
When Europe can cover it's defense commitments without the US for 10 years, than we can compare their systems with ours.
LeonDurham says
They are also tiny populations and have politicians on both side of the aisle showering these programs with money. Medicare and the VA should be the gold standard programs showing how well the government can run things, yet the VA is a total shit show and we should be ashamed how we are treating our veterans.
Every other government in the world has found a way to do it. Do you think Americans are dumber than citizens in every other 1st world county?
When Europe can cover it's defense commitments without the US for 10 years, than we can compare their systems with ours.
LeonDurham says
Those are basically the two most expensive groups in the US to provide health care. Let's compare apples to apples.
They are also tiny populations and have politicians on both side of the aisle showering these programs with money. Medicare and the VA should be the gold standard programs showing how well the government can run things, yet the VA is a total shit show and we should be ashamed how we are treating our veterans.
19
socal2
2018 Jul 30, 11:12am
Heraclitusstudent says
Funny - I was thinking the same thing. If an American living in one of the most prosperous and rich countries on earth doesn't have the wherewithal to take care of their own healthcare needs with all of the existing insurance and welfare programs - they can move to Cuba or something.
If the doctors don't like it, they can kiss the big furry gov ass, and go work in Cuba or something.
Funny - I was thinking the same thing. If an American living in one of the most prosperous and rich countries on earth doesn't have the wherewithal to take care of their own healthcare needs with all of the existing insurance and welfare programs - they can move to Cuba or something.
20
LeonDurham
2018 Jul 30, 11:23am
socal2 says
What does defense budget have to do with anything? We're talking about healthcare spend/person in Europe vs. the US.
When Europe can cover it's defense commitments without the US for 10 years, than we can compare their systems with ours.
What does defense budget have to do with anything? We're talking about healthcare spend/person in Europe vs. the US.
21
LeonDurham
2018 Jul 30, 11:23am
socal2 says
Great--let's keep wasting trillions of dollars/year.
Funny - I was thinking the same thing. If an American living in one of the most prosperous and rich countries on earth doesn't have the wherewithal to take care of their own healthcare needs with all of the existing insurance and welfare programs - they can move to Cuba or something.
Great--let's keep wasting trillions of dollars/year.
22
Heraclitusstudent
2018 Jul 30, 11:28am
Heraclitusstudent
2018 Jul 30, 11:28am
socal2 says
No they don't have to do that.
They just show up at emergencies, and you pay for it.
If an American living in one of the most prosperous and rich countries on earth doesn't have the wherewithal to take care of their own healthcare needs with all of the existing insurance and welfare programs - they can move to Cuba or something.
No they don't have to do that.
They just show up at emergencies, and you pay for it.
23
socal2
2018 Jul 30, 11:35am
LeonDurham says
US healthcare is the most regulated industry in the country - and we wonder why it costs so much to the average consumer. I don't think the answer is to regulate it even more with a total government take over. Again, the government should be made to fix Medicare and the VA before we even entertain the Liberal's fantasy of taking over the entire healthcare industry. Simply put, the US Government and its Progressive/Liberal fanboys have not earned the right or trust yet.
IRT - comparing America to European countries, it is like comparing tiny White-bread Vermont to massively large and economically/ethnically diverse California with our massive illegal immigrant and poverty problem. Of course it is going to cost more per person in California (and America) than ethnically and economically homogeneous countries that don't have the same poverty and resultant health issues of a less educated population that we have in many parts of America.
Finally - at the very least, the Single Payer advocates need to start showing their math and get specific on how we would have to massively restructure our taxes and society to get Single Payer in the US. The numbers are absolutely staggering. Simply pointing to tiny European countries and saying "they did it" is not a persuasive argument IMO.
Great--let's keep wasting trillions of dollars/year.
US healthcare is the most regulated industry in the country - and we wonder why it costs so much to the average consumer. I don't think the answer is to regulate it even more with a total government take over. Again, the government should be made to fix Medicare and the VA before we even entertain the Liberal's fantasy of taking over the entire healthcare industry. Simply put, the US Government and its Progressive/Liberal fanboys have not earned the right or trust yet.
IRT - comparing America to European countries, it is like comparing tiny White-bread Vermont to massively large and economically/ethnically diverse California with our massive illegal immigrant and poverty problem. Of course it is going to cost more per person in California (and America) than ethnically and economically homogeneous countries that don't have the same poverty and resultant health issues of a less educated population that we have in many parts of America.
Finally - at the very least, the Single Payer advocates need to start showing their math and get specific on how we would have to massively restructure our taxes and society to get Single Payer in the US. The numbers are absolutely staggering. Simply pointing to tiny European countries and saying "they did it" is not a persuasive argument IMO.
24
bob2356
2018 Jul 30, 11:42am
MrMagic says
Fucking amazing. The government already covers 50% o health care at 1.7 trillion out of 3.4 trillion to cover the uninsured, poor and elderly. The most intensive and expensive health care users that is almost half of the population. So picking up the healthiest part of the population is going to cost 2.5-3 trillion a year which is double what it costs to cover the sickest part of the population. Great math.
Medicare for all is a bad idea because it doesn't eliminate the problems of fee for service, profits adding to the cost of every single thing in health care, the huge cost of managing billing (roughly 25% of every dollar at a hospital or doctors office), etc., etc.. Until the money stops going down those ratholes it doesn't matter who pays for it.
"It's showing that if you are going to go in this direction, it's going to cost the federal government $2.5 trillion to $3 trillion a year in terms of spending,"
Fucking amazing. The government already covers 50% o health care at 1.7 trillion out of 3.4 trillion to cover the uninsured, poor and elderly. The most intensive and expensive health care users that is almost half of the population. So picking up the healthiest part of the population is going to cost 2.5-3 trillion a year which is double what it costs to cover the sickest part of the population. Great math.
Medicare for all is a bad idea because it doesn't eliminate the problems of fee for service, profits adding to the cost of every single thing in health care, the huge cost of managing billing (roughly 25% of every dollar at a hospital or doctors office), etc., etc.. Until the money stops going down those ratholes it doesn't matter who pays for it.
25
LeonDurham
2018 Jul 30, 11:42am
socal2 says
Who's we? The reasons are well documented.
https://www.pbs.org/newshour/health/why-does-healthcare-cost-so-much
and we wonder why it costs so much to the average consumer
Who's we? The reasons are well documented.
https://www.pbs.org/newshour/health/why-does-healthcare-cost-so-much
26
Onvacation
2018 Jul 30, 12:04pm
Onvacation
2018 Jul 30, 12:04pm
LeonDurham says
From the article:
"high prices are the main reason for high health care spending in the United States."
Makes sense to me. Now how can we lower the prices?
Who's we? The reasons are well documented.
https://www.pbs.org/newshour/health/why-does-healthcare-cost-so-much
From the article:
"high prices are the main reason for high health care spending in the United States."
Makes sense to me. Now how can we lower the prices?
28
bob2356
2018 Jul 30, 12:24pm
socal2 says
So that's why health care costs $10,190 per capita in VT and $7549 per capita in CA. That's 2015, the latest available. Because CA is massively large and economically/ethnically diverse with massive illegal immigration and poverty problem. Thanks for clearing that up.
All those TINY countries with a lower poverty rate than the US at 13%. You mean like these.
Belgium 15.1
Denmark 13.4
France 14 64 million population
Germany 16.7 82 mllion
Greece 36
Hungary 14.9
Italy 29.9 62 million
Poland 17.6 39 million
Portugal 19
Spain 21.1 47 million
Sweden 15
or Australia (45 million) at 14% and NZ at 15%
Eastern Europe is worse, much worse.
Health issues like a much higher smoking and drinking rates in Europe? No one ever needed health care from smoking or drinking problems. Ok maybe just a little tiny bit.
IRT - comparing America to European countries, it is like comparing tiny White-bread Vermont to massively large and economically/ethnically diverse California with our massive illegal immigrant and poverty problem. Of course it is going to cost more per person in California (and America) than ethnically and economically homogeneous countries that don't have the same poverty and resultant health issues of a less educated population that we have in many parts of America.
So that's why health care costs $10,190 per capita in VT and $7549 per capita in CA. That's 2015, the latest available. Because CA is massively large and economically/ethnically diverse with massive illegal immigration and poverty problem. Thanks for clearing that up.
All those TINY countries with a lower poverty rate than the US at 13%. You mean like these.
Belgium 15.1
Denmark 13.4
France 14 64 million population
Germany 16.7 82 mllion
Greece 36
Hungary 14.9
Italy 29.9 62 million
Poland 17.6 39 million
Portugal 19
Spain 21.1 47 million
Sweden 15
or Australia (45 million) at 14% and NZ at 15%
Eastern Europe is worse, much worse.
Health issues like a much higher smoking and drinking rates in Europe? No one ever needed health care from smoking or drinking problems. Ok maybe just a little tiny bit.
29
Heraclitusstudent
2018 Jul 30, 12:36pm
Heraclitusstudent
2018 Jul 30, 12:36pm
bob2356 says
"Medicare for all" provides a huge tool to limit costs: single payer sets the price.
I'll say it again: the government is a bigger cartel than the healthcare industry.
Medicare for all is a bad idea because it doesn't eliminate the problems of fee for service, profits adding to the cost of every single thing in health care, the huge cost of managing billing (roughly 25% of every dollar at a hospital or doctors office), etc., etc.. Until the money stops going down those ratholes it doesn't matter who pays for it.
"Medicare for all" provides a huge tool to limit costs: single payer sets the price.
I'll say it again: the government is a bigger cartel than the healthcare industry.
30
LeonDurham
2018 Jul 30, 12:38pm
Onvacation says
Easy--more bargaining power. Get rid of middleman markups. Eliminate unnecessary testing.
From the article:
"high prices are the main reason for high health care spending in the United States."
Makes sense to me. Now how can we lower the prices?
Easy--more bargaining power. Get rid of middleman markups. Eliminate unnecessary testing.
31
Heraclitusstudent
2018 Jul 30, 12:40pm
Heraclitusstudent
2018 Jul 30, 12:40pm
socal2 says
The argument that the US healthcare industry costs twice as much as other countries because it is heavily regulated doesn't make any sense.
It is more expensive because there is no competition*. No competition => no capitalism. End of story.
(*): No one shops around in an ambulance.
Most people do the procedures their doctors tell them to do.
Most people are willing to overpay because it's their lives on the line, they can't afford to not be covered.
US healthcare is the most regulated industry in the country - and we wonder why it costs so much to the average consumer. I don't think the answer is to regulate it even more with a total government take over.
The argument that the US healthcare industry costs twice as much as other countries because it is heavily regulated doesn't make any sense.
It is more expensive because there is no competition*. No competition => no capitalism. End of story.
(*): No one shops around in an ambulance.
Most people do the procedures their doctors tell them to do.
Most people are willing to overpay because it's their lives on the line, they can't afford to not be covered.
32
bob2356
2018 Jul 30, 12:42pm
LeonDurham says
A good interview but it actually it doesn't document what health care money is being spent on. The information is really not available. Its all scattered in different studies about different aspects of health care spending or simply isn't available. Things like amount private health insurers spend on administration and managing billing or the overall profit in the health care system just isn't available.
Who's we? The reasons are well documented.
https://www.pbs.org/newshour/health/why-does-healthcare-cost-so-much
A good interview but it actually it doesn't document what health care money is being spent on. The information is really not available. Its all scattered in different studies about different aspects of health care spending or simply isn't available. Things like amount private health insurers spend on administration and managing billing or the overall profit in the health care system just isn't available.
33
MrMagic
2018 Jul 30, 12:52pm
MrMagic
2018 Jul 30, 12:52pm
Heraclitusstudent says
Exactly... but it doesn't stop Bernie from going out there and make himself look like a total ass, does it?
This is someone that doesn't understand the basics
Exactly... but it doesn't stop Bernie from going out there and make himself look like a total ass, does it?
34
MrMagic
2018 Jul 30, 12:56pm
MrMagic
2018 Jul 30, 12:56pm
LeonDurham says
Wow, finally waking up to Bernie's total delusions?
When you add in the 30 million uninsured, give FREE healthcare to all the people on Bronze plans, give FREE healthcare to everyone else who has other high deductible, high copay plans or limited doctors in network plans, the price will probably double that.
Ever watch people eat at a FREE buffet line?
If anything, the $3.8T number is probably way too low.
Wow, finally waking up to Bernie's total delusions?
When you add in the 30 million uninsured, give FREE healthcare to all the people on Bronze plans, give FREE healthcare to everyone else who has other high deductible, high copay plans or limited doctors in network plans, the price will probably double that.
Ever watch people eat at a FREE buffet line?
35
bob2356
2018 Jul 30, 12:58pm
Heraclitusstudent says
No it doesn't mean that. Medicare is so so at best not all that efficient or cost effective. It doesn't do anything about the inherent conflict of interest of fee for service where the more you do the more you get paid, It doesn't do anything about bringing down the huge cost and labor of billing. It isn't very good at fraud.
A system with capitation for primary and employed specialists would be much better. No billing costs at all, no incentive for over treatment. This is called the Beveridge model wihich is used in Great Britain, Spain, most of Scandinavia, New Zealand. and Hong Kong. Very similar to the VA actually. Which despite the incessant whining of the slavish devotees to the free market works well. Not perfectly, but well.
"Medicare for all" provides a huge tool to limit costs: single payer sets the price.
I'll say it again: the government is a bigger cartel than the healthcare industry.
No it doesn't mean that. Medicare is so so at best not all that efficient or cost effective. It doesn't do anything about the inherent conflict of interest of fee for service where the more you do the more you get paid, It doesn't do anything about bringing down the huge cost and labor of billing. It isn't very good at fraud.
A system with capitation for primary and employed specialists would be much better. No billing costs at all, no incentive for over treatment. This is called the Beveridge model wihich is used in Great Britain, Spain, most of Scandinavia, New Zealand. and Hong Kong. Very similar to the VA actually. Which despite the incessant whining of the slavish devotees to the free market works well. Not perfectly, but well.
36
HeadSet
2018 Jul 30, 12:59pm
HeadSet
2018 Jul 30, 12:59pm
LeonDurham says
There is going to be "Death Panels" regardless of system. For example, more hearts needed than hearts available for transplant. Some sort of decision making body will do the triage. Those turned down for transplant will die. You can call this deciding body "Life Panel" if it makes you feel better, but that panel still decides who will die from lack of treatment.
MrMagic says
So, Sarah Palin was right all along about Government run healthcare and Death Panels:
Nope--Sarah was wrong, of course. If you're looking to Palin for wisdom and education, then you're in deep trouble.
There is going to be "Death Panels" regardless of system. For example, more hearts needed than hearts available for transplant. Some sort of decision making body will do the triage. Those turned down for transplant will die. You can call this deciding body "Life Panel" if it makes you feel better, but that panel still decides who will die from lack of treatment.
37
MrMagic
2018 Jul 30, 1:02pm
MrMagic
2018 Jul 30, 1:02pm
LeonDurham says
Like Canada, is this a better model?
Every other government in the world has found a way to do it. Do you think Americans are dumber than citizens in every other 1st world county?
Like Canada, is this a better model?
38
bob2356
2018 Jul 30, 1:04pm
MrMagic says
After all people all over the world that have FREE health care wake up every morning and rush down to their doctors because it's FREE Could i have a FREE colonoscopy twice today? ,please please. How about another FREE hemorrhoid surgery then?
Ever watch people eat at a FREE buffet line?
After all people all over the world that have FREE health care wake up every morning and rush down to their doctors because it's FREE Could i have a FREE colonoscopy twice today? ,please please. How about another FREE hemorrhoid surgery then?
39
MrMagic
2018 Jul 30, 1:08pm
MrMagic
2018 Jul 30, 1:08pm
Heraclitusstudent says
I see you don't know much about how Medicare, Medicaid and private insurance companies bill, do you.
All insurance companies have "allowables" for all the major treatment they cover. Do you really think a doctor can submit a bill for a basic exam for a million dollars and get paid that amount from the insurance company?
Today doctors set the price as they see fit. In a single payer system, the government sets a reasonable price as they see fit.
I see you don't know much about how Medicare, Medicaid and private insurance companies bill, do you.
All insurance companies have "allowables" for all the major treatment they cover. Do you really think a doctor can submit a bill for a basic exam for a million dollars and get paid that amount from the insurance company?
40
MrMagic
2018 Jul 30, 1:13pm
MrMagic
2018 Jul 30, 1:13pm
Speaking of that great Socialist, single payer system Canada has, that the Democrats think we should copy......
63,000 Canadians left the country for medical treatment last year.
A new report from the Fraser Institute estimates that more than 63,000 Canadians travelled abroad for medical care in 2016.
The think-tank says that's a nearly 40-per-cent increase over the previous year, and may be related to long wait times for medical procedures in Canada.
The institute asked the specialists to approximate the percentage of their patients who received non-emergency treatment outside of Canada in the previous 12 months. Based on that data, the institute estimates that 63,459 Canadians left the country for non-urgent medical care in 2016.
"If that many Canadians are willing to pay out of pocket to get faster access to the treatment they need, that means they are dissatisfied with the quality of care," said Yanick Labrie, a senior Fraser Institute fellow and one of the authors of the report.
https://www.ctvnews.ca/health/63-000-canadians-left-the-country-for-medical-treatment-last-year-fraser-institute-1.3486635
63,000 Canadians left the country for medical treatment last year.
A new report from the Fraser Institute estimates that more than 63,000 Canadians travelled abroad for medical care in 2016.
The think-tank says that's a nearly 40-per-cent increase over the previous year, and may be related to long wait times for medical procedures in Canada.
The institute asked the specialists to approximate the percentage of their patients who received non-emergency treatment outside of Canada in the previous 12 months. Based on that data, the institute estimates that 63,459 Canadians left the country for non-urgent medical care in 2016.
"If that many Canadians are willing to pay out of pocket to get faster access to the treatment they need, that means they are dissatisfied with the quality of care," said Yanick Labrie, a senior Fraser Institute fellow and one of the authors of the report.
https://www.ctvnews.ca/health/63-000-canadians-left-the-country-for-medical-treatment-last-year-fraser-institute-1.3486635
41
MrMagic
2018 Jul 30, 1:15pm
MrMagic
2018 Jul 30, 1:15pm
Oops, here are those Death Panels associated with Socialized healthcare...
Trent Hills Mayor Hector Macmillan was diagnosed with pancreatic cancer in January 2016, and hoped to undergo a NanoKnife procedure in the U.S. an operation that would use electrodes to jolt his tumour and kill cancer cells.
But when the Ontario Health Insurance Program denied Macmillan's request for funding for the procedure in the U.S., he went to Germany for treatment.
"Our health care system is certainly broken, there is no doubt about that," Macmillan told CTV News. "I think it's time for a total overhaul."
Macmillan said he's "delighted because I am here." His Canadian doctors had told him that he would likely be dead by Christmas 2016.
"I have long surpassed the expiry date that I was given in Ontario and it has given me a chance to help other Canadians," he said.
https://www.ctvnews.ca/health/63-000-canadians-left-the-country-for-medical-treatment-last-year-fraser-institute-1.3486635
But, but, but.... it's more affordable yells the Democrats.... unless you're the one on the receiving end of those "Death Panel" decisions...
Trent Hills Mayor Hector Macmillan was diagnosed with pancreatic cancer in January 2016, and hoped to undergo a NanoKnife procedure in the U.S. an operation that would use electrodes to jolt his tumour and kill cancer cells.
But when the Ontario Health Insurance Program denied Macmillan's request for funding for the procedure in the U.S., he went to Germany for treatment.
"Our health care system is certainly broken, there is no doubt about that," Macmillan told CTV News. "I think it's time for a total overhaul."
Macmillan said he's "delighted because I am here." His Canadian doctors had told him that he would likely be dead by Christmas 2016.
"I have long surpassed the expiry date that I was given in Ontario and it has given me a chance to help other Canadians," he said.
https://www.ctvnews.ca/health/63-000-canadians-left-the-country-for-medical-treatment-last-year-fraser-institute-1.3486635
But, but, but.... it's more affordable yells the Democrats.... unless you're the one on the receiving end of those "Death Panel" decisions...
42
LeonDurham
2018 Jul 30, 1:19pm
MrMagic says
No--you aren't paying attention. The $3.8T number is what we pay NOW under the current system. It's MORE than what we'd pay under Medicare for all.
Wow, finally waking up to Bernie's total delusions?
When you add in the 30 million uninsured, give FREE healthcare to all the people on Bronze plans, give FREE healthcare to everyone else who has other high deductible, high copay plans or limited doctors in network plans, the price will probably double that.
Ever watch people eat at a FREE buffet line?
No--you aren't paying attention. The $3.8T number is what we pay NOW under the current system. It's MORE than what we'd pay under Medicare for all.
43
LeonDurham
2018 Jul 30, 1:21pm
MrMagic says
Can you please source one Dem who says we should copy Canada's system?
All strawman arguments, all the time.
Speaking of that great Socialist, single payer system Canada has, that the Democrats think we should copy......
Can you please source one Dem who says we should copy Canada's system?
All strawman arguments, all the time.
44
MrMagic
2018 Jul 30, 1:44pm
MrMagic
2018 Jul 30, 1:44pm
LeonDurham says
That's what I said, please pay attention. We pay more than Bernie's plan that now, with tons of treatment excluded (which I posted above), but some how you and Bernie think healthcare can be delivered for FREE to 320 million people for less money. Delusional much?
LeonDurham says
That would be LeonDurham/Tatty/Joey
So NOW you're saying Canada's Socialist system of healthcare isn't good, once the FACTS prove Bernie wrong??
Man, some just can't keep their hyperbole straight.
The $3.8T number is what we pay NOW under the current system.
That's what I said, please pay attention. We pay more than Bernie's plan that now, with tons of treatment excluded (which I posted above), but some how you and Bernie think healthcare can be delivered for FREE to 320 million people for less money. Delusional much?
LeonDurham says
Can you please source one Dem who says we should copy Canada's system?
That would be LeonDurham/Tatty/Joey
So NOW you're saying Canada's Socialist system of healthcare isn't good, once the FACTS prove Bernie wrong??
Man, some just can't keep their hyperbole straight.
45
LeonDurham
2018 Jul 30, 2:02pm
MrMagic says
Because we'd spend much LESS per person. That's the point. It would be money saver.
That's what I said, please pay attention. We pay more than Bernie's plan that now, with tons of treatment excluded (which I posted above), but some how you and Bernie think healthcare can be delivered for FREE to 320 million people for less money. Delusional much?
Because we'd spend much LESS per person. That's the point. It would be money saver.
46
LeonDurham
2018 Jul 30, 2:03pm
MrMagic says
OK great--please provide the exact quote or link to where I said we should copy Canada's system.
hat would be LeonDurham/Tatty/Joey
So NOW you're saying Canada's Socialist system of healthcare isn't good, once the FACTS prove Bernie wrong??
Man, some just can't keep their hyperbole straight.
OK great--please provide the exact quote or link to where I said we should copy Canada's system.
47
CBOEtrader
2018 Jul 30, 2:07pm
CBOEtrader
2018 Jul 30, 2:07pm
I have a 78 year old client who lives in a 500/month apt, but goes to kidney dialysis 3 times per week for $3000 each visit, 100% paid for by medicaid.
You tell me who's getting rich here.
You tell me who's getting rich here.
48
MrMagic
2018 Jul 30, 3:15pm
MrMagic
2018 Jul 30, 3:15pm
CBOEtrader says
Better yet, tell me who's actually paying that $9000 bill each week. Hint, it's not the guy on dialysis, and it ain't Bernie either.
I have a 78 year old client who lives in a 500/month apt, but goes to kidney dialysis 3 times per week for $3000 each visit, 100% paid for by medicaid.
You tell me who's getting rich here.
Better yet, tell me who's actually paying that $9000 bill each week. Hint, it's not the guy on dialysis, and it ain't Bernie either.
49
MAGA
2018 Jul 30, 4:40pm
MAGA
2018 Jul 30, 4:40pm
I just got my free semi-annual eye exam on base this afternoon. Want free medical care? Serve in the military for 20 years or longer.
50
Rin
2018 Jul 30, 5:28pm
Rin
2018 Jul 30, 5:28pm
MrMagic says
A postdoc, yes, a PhD in the biomedical sciences, earns some $42K/yr. He can perform that dialysis at ~$800/week (or $266 per treatment) and pay for his annual research budget.
Seriously, why are these educated ppl's talents being wasted? This industry is a huge racket.
CBOEtrader saysI have a 78 year old client who lives in a 500/month apt, but goes to kidney dialysis 3 times per week for $3000 each visit, 100% paid for by medicaid.
You tell me who's getting rich here.
Better yet, tell me who's actually paying that $9000 bill each week. Hint, it's not the guy on dialysis, and it ain't Bernie either.
A postdoc, yes, a PhD in the biomedical sciences, earns some $42K/yr. He can perform that dialysis at ~$800/week (or $266 per treatment) and pay for his annual research budget.
Seriously, why are these educated ppl's talents being wasted? This industry is a huge racket.
51
Ceffer
2018 Jul 30, 5:38pm
Ceffer
2018 Jul 30, 5:38pm
They haven't invented a money printing press with the capacity to fund Bernie's programs.
52
MrMagic
2018 Jul 30, 6:49pm
MrMagic
2018 Jul 30, 6:49pm
LeonDurham says
Less per person... next thing you'll say is they'll make it up in volume...
You're missing the point, Bernie's plan will be paid out of tax collections, the top 20% in the country pay 90% of the taxes. The bottom 50% pay virtually nothing in taxes. So in true Liberal fashion, the top 20% will be paying for the health care of the majority of the population. Also, since the bottom feeders have no skin in the game, they'll be the first ones to abuse the system, with all the FREE healthcare.
Great system, right?
MrMagic says
That's what I said, please pay attention. We pay more than Bernie's plan that now, with tons of treatment excluded (which I posted above), but some how you and Bernie think healthcare can be delivered for FREE to 320 million people for less money. Delusional much?
Because we'd spend much LESS per person. That's the point. It would be money saver.
Less per person... next thing you'll say is they'll make it up in volume...
You're missing the point, Bernie's plan will be paid out of tax collections, the top 20% in the country pay 90% of the taxes. The bottom 50% pay virtually nothing in taxes. So in true Liberal fashion, the top 20% will be paying for the health care of the majority of the population. Also, since the bottom feeders have no skin in the game, they'll be the first ones to abuse the system, with all the FREE healthcare.
Great system, right?
53
komputodo
2018 Jul 30, 7:46pm
komputodo
2018 Jul 30, 7:46pm
LeonDurham says
Better question: Do you think American govt. officials are more corrupt than govt. officials in every other 1st world country?
Do you think Americans are dumber than citizens in every other 1st world county?
Better question: Do you think American govt. officials are more corrupt than govt. officials in every other 1st world country?
54
MrMagic
2018 Jul 30, 8:13pm
MrMagic
2018 Jul 30, 8:13pm
Rin says
That wasn't the question, I didn't ask which actual person would do the dialysis, I asked who'd funding the $9000 Medicaid payments?
Better yet, tell me who's actually paying that $9000 bill each week. Hint, it's not the guy on dialysis, and it ain't Bernie either.
A postdoc, yes, a PhD in the biomedical sciences, earns some $42K/yr. He can perform that dialysis at ~$800/week (or $266 per treatment) and pay for his annual research budget.
That wasn't the question, I didn't ask which actual person would do the dialysis, I asked who'd funding the $9000 Medicaid payments?
55
MrMagic
2018 Jul 30, 8:48pm
MrMagic
2018 Jul 30, 8:48pm
MrMagic says
Also, since the bottom feeders have no skin in the game, they'll be the first ones to abuse the system, with all the FREE healthcare.
56
anonymous
2018 Jul 30, 9:39pm
Single payer crap drives me nuts. To improve things in healthcare, it requires a bunch of different things such as the following:
- STOP ILLEGAL IMMIGRATION
- Implement the individual mandate (sorry Right wingers, it has to be done). However, revamp the qualified plans to not be so broad like what was defined in ACA.
- Tort reform to fend off ambulance chasers
- Require full transparency of prices on the Internet for all procedures, medications and services
- Remove barriers of health plans to provide insurance across state lines
- If you are on gov't subsidized health care (medicare or medicaid), you get 70s-level care. No fancy new drugs, no fancy procedures, etc. You get what you get if you don't pay for it.
- STOP ILLEGAL IMMIGRATION
- Implement the individual mandate (sorry Right wingers, it has to be done). However, revamp the qualified plans to not be so broad like what was defined in ACA.
- Tort reform to fend off ambulance chasers
- Require full transparency of prices on the Internet for all procedures, medications and services
- Remove barriers of health plans to provide insurance across state lines
- If you are on gov't subsidized health care (medicare or medicaid), you get 70s-level care. No fancy new drugs, no fancy procedures, etc. You get what you get if you don't pay for it.
57
CBOEtrader
2018 Jul 30, 9:55pm
CBOEtrader
2018 Jul 30, 9:55pm
MrMagic says
Medicaid but it may be in partnership w his 3rd party Medicare advantage plan. I'm not completely sure how they break up the bill's, but the client pays nothing.
Still tho, $9000 of weekly medical Bill's when he lives in a $500 apartment? Someone is getting rich.
I get $250/year to place him into his Medicare plan.
Better yet, tell me who's actually paying that $9000 bill each week.
Medicaid but it may be in partnership w his 3rd party Medicare advantage plan. I'm not completely sure how they break up the bill's, but the client pays nothing.
Still tho, $9000 of weekly medical Bill's when he lives in a $500 apartment? Someone is getting rich.
I get $250/year to place him into his Medicare plan.
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That's trillion with a "T."
The latest plan from the Vermont independent would require historic tax increases as government replaces what employers and consumers now pay for health care, according to the analysis being released Monday by the Mercatus Center at George Mason University in Virginia.
Sanders' plan builds on Medicare, the popular insurance program for seniors. All U.S. residents would be covered with no copays and deductibles for medical services.
"Enacting something like 'Medicare for all' would be a transformative change in the size of the federal government," said Charles Blahous, the study's author.
Sanders' office has not done a cost analysis, a spokesman said. (Ahhhh, typical politician, promise something without having ANY clue of the costs)
Kenneth Thorpe, a health policy professor at Emory University in Atlanta, authored one of those studies and says the Mercatus analysis reinforces them.
"It's showing that if you are going to go in this direction, it's going to cost the federal government $2.5 trillion to $3 trillion a year in terms of spending," said Thorpe. "Even though people don't pay premiums, the tax increases are going to be enormous. There are going to be a lot of people who'll pay more in taxes than they save on premiums."
After taking into account current government health care financing, the study estimated that doubling all federal individual and corporate income taxes would not fully cover the additional costs. (Crap, there goes the narrative that you can just tax the "rich" to pay for it.......)
https://abcnews.go.com/Health/wireStory/study-medicare-bill-estimated-326-trillion-56906940