The projected multitrillion-dollar cost of "Medicare for All" has pitted Democratic presidential candidates against each other as they argue about the feasibility of single-payer health care.
With Medicare for All and its price tag likely to come up in the next Democratic debate Jan. 14 in Iowa, here are five of the costliest consequences of inaction:that nationwide health spending will hit $6 trillion a year by 2027 absent any changes in law. That would be nearly a fifth of the economy. In total, the United States is slated to spend about $52 trillion over the coming decade.
An aging population is driving up Medicare spending, but the rising cost of private insurance is the biggest factor. A recent Kaiser Family Foundation
Let's pay higher taxes for worst service and long waiting periods. I have family in Spain, where they do have socialized medicine. They hate it. They pay half of their income in taxes, and on top of that, they have to pay for their own private med. ins. to see private MDs.🙄
1 trillion watswd on military offenses & illegall invasions.
We can't even do Medicare For Some, so why do you trust the government to adequately do Medicare For All? And even in countries that have a National Health Care System, they still have the option of private insurance, which people like Warren want to abolish.
It's cheaper than not doing it. I don't see what the problem is.
The projected cost of WAR VS., The projected cost of MedicareForAll When we choose war there's only DEATH. When we chose Medicare for all we choose humanity, life. AOC ewarren BernieSanders msnbc FoxNews MTP MorningJoe
Y'all found 2 trillion for arms in less than a day
Bullshit
And I will agree with everyone that healthcare is way too much. Prescription medication is outrageous. Start there
Healthcare should be povided first for our Veterans, second for Americans, then illegals I'm not saying no healthcare for everyone but let's get our priorities staight!
The current system costs more. Period. Every analysis shows the same thing: America overpays for poor health outcomes.
Having someone else pay for it is not.
turns out, water also wet
Duh
Fucking duh.
It’s already ineffective at saving lives.
This is what we've been trying to tell you since 2015 at the latest
M4A now!
Taxes would increase, but everyone wouldpay less than if they were paying for private policies.
Pathetic analysis... free market costs more than socialized medicine. Show one country with quality healthcare controlled by the govt that is better than here
The current healthcare system costs the taxpayer even MORE than a single payer system and we also have a worse outcome for all of us both in the short run and long run.
Fraudulent 'journalism'. You're pretending that multiple groups INCLUDING A RIGHT WING THINK TANK has shown that medicare for all will SAVE the people TRILLIONS of dollars. It's LESS expensive than the criminal shit show we have right now. STOP LYING TO THE AMERICAN PEOPLE!
Would but this read “the multi trillion dollar cost of war” instead of health care.
Universal healthcare is so difficult to pull off that only 32 of 33 industrialized countries have managed to make it work.
LOL. As suppose to americans paying thousands $$ in premium and more in co pays and deductibles? Americans would rather pay those premiums to the government so their fellows can benefit, rather than filling the pockets of the greedy private medical industry billionaires.
This has been definitively proven quite a few times, even by right wing think tanks. IIRC it has been at least two years since the study saying it would cost at least 2 trillion dollars less than the current system. Cnn has also deliberately misrepresented this information.
Yeah ET. Like you'd be using it anyway. Fukking Hypocrite!
After Obamacare why does any trust them on Healthcare?
Is this a criticism of Obamacare? Oh man, who passed that?
A system that covers everyone is always better than a system of equal-to-worse expense that leave millions out to die
No duh
Um no, sorry, most of our allies provide universal health care. What causes long term debt isn't health care for all, but tax breaks for billionaires they do not need.
The following sentence from the article. Does is it have statistical data 'At the same time, the number of people with insurance is dropping and Americans are dying younger '
Luuuul 'saving lives'. The current system 'saves lives'. Medicare for all would just not kill people. Like I have health insurance but I don't go to the doctor because it's not worth the cost to be wrong if I suspect something might be wrong
inmyownfashion It takes courage to put country over party. True accounting over partisan fictions. A world view rather than repeats of a tried and failing system. One question: Is healthcare for all more financially stable?
Another BS article trying to discourage people and doesn't highlight the fact that TRILLIONS are spent are needless wars but back here we are kept deprived so we will fight in those wars. Meanwhile, Dem Socialist countries like Germany have had healthcare as a right for 137 yrs.
Its already been proven that the current system we have now costs more and is less effective The only reason we haven't moved to a universal system is for ideological reasons not pragmatist ones .... MedicareForAll
The only cost will be to the private company ripping you all off , you want to get yourself some social care medical coverage
Not fair. ACA has been attacked since inception and was never given a fair shot. People never bothered to read the benefits and republicans fought hard to prevent states from opening exchanges and expanding Medicare to help their own communities. FixACA
I call Bull💩
I was admitted to the hospital for two nights last week. I have employer provided BCBS but I’m pretty sure I’ll be paying a hefty sum anyway. Not a big fan of our current system. Insuring a family of 4 and keeping everyone healthy is pretty expensive.
No Doy
Or we can just keep throwing trillions of $$$ into a never ending war that no one seems to notice. We have the $$$. War vs healthcare for all.......... we have a choice. HumanityFirst
Typical politico spin 'may'
Pissed at Healthcare executives‘ unconscionably overinflated salaries? There’s an app for that: Medicare for All.
No shit.
Just look at all the other countries of the world wanting to adopt our healthcare system. Wait a minute ain’t we the only one who has this shitty greedy system?
'May cost'? No, it will cost trillions more. Period. And it won't cover everyone and cause thousands of deaths and bankruptcies a year.
Exactly. Get rid of Obamacare, go back to the way it was. My premiums and plans were excellent before that.
Ya think!! The system we are in leaves too many without or underinsure. Medicare for All will literally save people’s lives and prevent them from going broke.
No shit
Not 'may' cost more...'will' cost more. Trillions more.
One of the most outlandish idea ever. They know it could never happen, the people who would vote blindly know it could never work. And yet, they are going to continue to follow these empty promises.
It WILL cost more than M4All.
There we go: you’re getting there.
Plus, the trillions spent on warfare, personnel, etc. and we constantly say 'we just can't afford MedicareForAll ' is hogwash. Our priorities should always be for one another as Americans. When we favor the rich/powerful over our neighbors who have little to no voice we fail.
We the tax payers pay for the uninsured regardless!! It costs less when those same people have coverage and are able to have the “illness or injury” taken care of from the jump instead of manifesting into an issue that costs hundreds of thousands of dollars to treat
Not 'may' cost trillions, will.
Plus how else will they get people to enlist in the armed forces? Gotta keep that healthcare gate closed off as much as possible.
How much does it cost us for the presidents golf trips!? Don’t worry I’ll wait
'The projected multitrillion-dollar cost of 'Medicare for All' has pitted Democratic presidential candidates against each other' Actually no it hasn't. The desire to be president has. Which is far more sycophantic. Those know their names. And so do you. Bernie2020 NotMeUs
It is our patriotic duty to take care of our own and we're FAILING in a profound way. When Americans have to go to other countries to find medicine; when many are without health insurance because of cost and coverage how can we say we're a great nation if we fail in this issue?
On what planet do doctors work on iou's from the government. Every doctor In America Will Go Private Practice For Cash In Hand For Quality Service. Wait lines waiting lists months long before you can be seen. What a crazy farce. Kids eat this free bull shit up.
You're right, we should spend that money on something that'll save lives in the long run, like... *pages through history text* ... endless illegal war.
“may” 😂
Yes, our current system is more expensive and less effective. We've been saying this forever because it's true.
No it’s put progressives trying to correct 40 years of BOTH parties drastically shifting rightward.
we’ve spent a trillion in Afghanistan and Iraq just to move rocks and sands around since 2001. Let’s try spending that money on our doctors and shit.
How is spending money on caring for health of our family, friends, and neighbors too much? That was a stupid, idiotic statement.
'The current system' So you mean the last time the democrats got their hands on our healthcare system, they completely screwed it up, and now they want another shot. No thanks. You piloted the titantic into an iceberg once. That was enough.
Profit creates deficit. We. Do. Not. Need. To. Profit. From. Sickness.
Exactly!
raygilljr Paying CEO’s, advertising, lobbying costs, insurance for multiple companies, no negotiating for Medicare meds, bonuses makes private insurance more expensive with less benefits. The US mortality (deaths) are increasing & morbidity (diabetes, Heart disease, COPD) is increasing.
took you until 2020 to write/say this? we've been telling you since 2016! J F C
We currently pay TWICE as much as advanced societies for healthcare. Bernie would let us pay LESS!
Thank you.
davidsirota Some assume high US mortality rates are due to factors beyond standard health issues. Not so: “The opioid epidemic only accounts for a fraction of the problem.” The NRC found the US has higher mortality rates from “most major causes of death than 16 other high-income countries”
davidsirota '...but the current system may cost trillions more in the long run and be less effective in saving lives' *may cost ... more in the long run...* lol. C'mon you frickin' idiots. We *KNOW* the current system costs more then M4A. NOBODY doubt that.
The Koch Bros report showed savings of trillions!
File in the “no shit” folder
I won't vote for anybody who does not support Medicare for All.
This Government just can't be given the reins over healthcare. They will ruin it. Look at all the examples of government waste and ruination. Come onnnnn
'We can't replace a system that costs Americans trillions of dollars in insurance premiums, copays and uncovered costs because it would require trillions in taxes' is the world's stupidest argument.
Michael97273171
In the long run? The current system only benefits health ins companies & big pharma. It does NOT benefit the people. End forever wars, stop corporate welfare, tax everyone fairly & you have plenty for healthcare for all. A system that benefits the people, not corporations
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