I calculate that this works out to be about $4300/person in a country of 326 million people.So you want Medicare for all. Which part A or B? How much do you want to pay for part A? Part B?
Are you going to make everyone pay up to 10 years of Medicare premiums to be eligible for part B?
Are you going to charge for Medicare Part B? How much?
Seems you want something but you do not say how you are going to pay for it. You do realize that it will cost $1.4 trillion ($1,400,000,000,000) a year. Source
Considering the 2017 budget....
$1.4 trillion exceeds the entire discretionary spending budget of $1.2 trillion.
("Defense" is about half of this $1.2T.)
But in 2016, health care cost Americastan $3.3 trillion.
This is a potential savings of about $2 trillion.
Of course, private care would still be needed because...you know...government care.
It would be rationed or delayed or restricted such that people would still want services
outside of the single payer system.
Ref....
The Federal Budget in 2017: An Infographic | Congressional Budget Office
Historical - Centers for Medicare & Medicaid Services
Would it stop rapid cost inflation?
It hasn't in Canuckistan.
Ref....
Healthcare in Canada - Wikipedia
Moreover, our northern neighbors still buy health care insurance.
Ref....
Private Health Insurance Coverage In Canada Needs A Review
So who knows if single payer would save us money.
Or if reduced drug prices would curb research on new ones.
Last edited: