A simple way to fix healthcare and pay off national debt in 6 years

[EdwardBaiamonte]

Put everyone on Medicare [or what we'll call Medicare capitalism] all providers publish prices, and give everyone vouchers for $8332 (on average) to buy health care that could be converted to cash if unspent at the end of the year.

As prices would slowly drop 80%, govt could reduce the vouchers accordingly until eventually most people could afford their own health care. The savings could pay off the national debt in 6 years. It's the perfect plan, it seems.

 

[Missouri_Mike]

Put everyone on Medicare, all providers publish prices, and give everyone vouchers for $8332 (on average) to buy health care that could be converted to cash if unspent at the end of the year.

As prices would slowly drop 80%, govt could reduce the vouchers accordingly until eventually most people could afford their own health care. The savings could pay off the national debt in 6 years. It's the perfect plan, it seems.

If you're on medicare why the hell would you not just cash out the $8332 every year and keep getting the medicare?

This plan is far from perfect.

 

[EdwardBaiamonte]

If you're on medicare why the hell would you not just cash out the $8332 every year and keep getting the medicare?
.

then you would have no money with which to buy health care!!!!!!!
plan still seems perfect!

 

[Missouri_Mike]

If you're on medicare why the hell would you not just cash out the $8332 every year and keep getting the medicare?
.

then you would have no money with which to buy health care!!!!!!!
plan still seems perfect!

So medicare provides no healthcare? What's the point of putting everyone on it then?

 

[EdwardBaiamonte]

If you're on medicare why the hell would you not just cash out the $8332 every year and keep getting the medicare?
.

then you would have no money with which to buy health care!!!!!!!
plan still seems perfect!

So medicare provides no healthcare? What's the point of putting everyone on it then?

you get $8000 a year. What you don't spend on health care you keep

 

[JakeStarkey]

Eddy does not understand economics, clearly.

 

[Missouri_Mike]

If you're on medicare why the hell would you not just cash out the $8332 every year and keep getting the medicare?
.

then you would have no money with which to buy health care!!!!!!!
plan still seems perfect!

So medicare provides no healthcare? What's the point of putting everyone on it then?

you get $8000 a year. What you don't spend on health care you keep

So we're just handing every person in the US $8000 per year.

 

[EdwardBaiamonte]

So we're just handing every person in the US $8000 per year.

a voucher for 8000 that can only be spent on medical care. What is left at end of year is converted into cash

 

[Missouri_Mike]

If you're on medicare why the hell would you not just cash out the $8332 every year and keep getting the medicare?
.

then you would have no money with which to buy health care!!!!!!!
plan still seems perfect!

So medicare provides no healthcare? What's the point of putting everyone on it then?

a voucher for 8000 that can only be spent on medical care. What is left at end of year is converted into cash

you get $8000 a year. What you don't spend on health care you keep

So we're just handing every person in the US $8000 per year.

a voucher for 8000 that can only be spent on medical care. What is left at end of year is converted into cash

That's still just giving them $8000. What if I decide I don't want to buy insurance? So I spend zero on it and wait to collect the 8k?

 

[EdwardBaiamonte]

then you would have no money with which to buy health care!!!!!!!
plan still seems perfect!

So medicare provides no healthcare? What's the point of putting everyone on it then?

a voucher for 8000 that can only be spent on medical care. What is left at end of year is converted into cash

you get $8000 a year. What you don't spend on health care you keep

So we're just handing every person in the US $8000 per year.

a voucher for 8000 that can only be spent on medical care. What is left at end of year is converted into cash

That's still just giving them $8000. What if I decide I don't want to buy insurance? So I spend zero on it and wait to collect the 8k?

yep just like your boss gives you a pay check and you decide to spend it on food or healthcare or gambling

 

[TNHarley]

So we're just handing every person in the US $8000 per year.

a voucher for 8000 that can only be spent on medical care. What is left at end of year is converted into cash

To be "so smart" you sure are a dummy

 

[Rocko]

If you're on medicare why the hell would you not just cash out the $8332 every year and keep getting the medicare?
.

then you would have no money with which to buy health care!!!!!!!
plan still seems perfect!

So medicare provides no healthcare? What's the point of putting everyone on it then?

you get $8000 a year. What you don't spend on health care you keep

Umm what about the people who need more $8000 a year in health care???

 

[EdwardBaiamonte]

To be "so smart" you sure are a dummy

if so you would be able to say why-right???

 

[EdwardBaiamonte]

Umm what about the people who need more $8000 a year in health care???

medicare pays but less and less as competition drives down prices 80%

 

[Derelict_Drvr]

Put everyone on Medicare, all providers publish prices, and give everyone vouchers for $8332 (on average) to buy health care that could be converted to cash if unspent at the end of the year.

As prices would slowly drop 80%, govt could reduce the vouchers accordingly until eventually most people could afford their own health care. The savings could pay off the national debt in 6 years. It's the perfect plan, it seems.

Are talking about Medicare "supplemental" insurance? If so, if you're going to spend $8300 a year on it you're getting hosed.

I will be going on Medicare here pretty quick. I already have a supplement plan for $200 a month that includes donut hole free part D coverage.

If the government wants to send me an extra $6000, I guess I'll take a cruise every year.

 

[EdwardBaiamonte]

Put everyone on Medicare, all providers publish prices, and give everyone vouchers for $8332 (on average) to buy health care that could be converted to cash if unspent at the end of the year.

As prices would slowly drop 80%, govt could reduce the vouchers accordingly until eventually most people could afford their own health care. The savings could pay off the national debt in 6 years. It's the perfect plan, it seems.

Are talking about Medicare "supplemental" insurance? If so, if you're going to spend $8300 a year on it you're getting hosed.

I will be going on Medicare here pretty quick. I already have a supplement plan for $200 a month that includes donut hole free part D coverage.

If the government wants to send me an extra $6000, I guess I'll take a cruise every year.

$8322 is average per person cost now

 

[EdwardBaiamonte]

If the government wants to send me an extra $6000, I guess I'll take a cruise every year.

$8322 is 100% of what you'd get to pay for a year of medical costs. What you didn';t spend could be converted to cash

 

[Rocko]

Put everyone on Medicare, all providers publish prices, and give everyone vouchers for $8332 (on average) to buy health care that could be converted to cash if unspent at the end of the year.

As prices would slowly drop 80%, govt could reduce the vouchers accordingly until eventually most people could afford their own health care. The savings could pay off the national debt in 6 years. It's the perfect plan, it seems.

Are talking about Medicare "supplemental" insurance? If so, if you're going to spend $8300 a year on it you're getting hosed.

I will be going on Medicare here pretty quick. I already have a supplement plan for $200 a month that includes donut hole free part D coverage.

If the government wants to send me an extra $6000, I guess I'll take a cruise every year.

$8322 is average per person cost now

Is that just for people on Medicare or is that the national average of everyone who has insurance?

 

[EdwardBaiamonte]

Is that just for people on Medicare or is that the national average of everyone who has insurance?

$8332 is total yearly spending per person on medical care for every American