This thread is the very definition of Fake News.
Fact-checkers for
The Washington Post note that “[a]ccording to a study from the Urban Institute (and a follow-up paper), Medicare-for-all would still add $32.6 trillion to national health spending over 10 years.” And
CNN reports that “[t]ax experts … say that you can’t raise enough money from taxing the rich and that the levies on all Americans may exceed the savings for more people than Sanders expects. This may be particularly true of low-income folks who get heavily subsidized coverage on the Obamacare exchanges.”
In other words, “[t]here’s no possible way to finance [Medicare for all] without big middle class tax increases,” as Marc Goldwein of the Committee for a Responsible Federal Budget (CRFB)
explained to
The Washington Post.
The first problem is we're doing it all wrong.
Health insurance is high. Why? Because healthcare costs are high.
Healthcare costs are high. Why?
And that's the starting point.
The proper way to address this is to get the cost of healthcare down first, then figure out how to pay for it. But whether it's Obama Care, Republican plan, Medicare for all, we are just shifting the costs, and not working on the costs.
There are several ways to reduce costs, but you have to talk to the people who are creating the costs. You have to meet with dozens and dozens of hospital and insurance company CEOs.
One article I read from an insurance CEO made the claim a lot of their costs involve nickel and dime bills. You go to the doctor for the flu, he charges 80 bucks, and it costs more in paperwork shuffling than it does to treat the patient. The solution to that would be a mandatory medical savings account. You build up some money, and when you have to see your doctor, a therapist, the ER, you simply swipe your medical savings card and it gets deducted from that. No paperwork which means less people needed to process it.