No, we all pay for it. Do you think doctors and hospitals operate at a loss? They get that lost money back from other places.
It's also why these figures are all wrong by Sander's or anybody else. They are calculating what it would cost for all of us to be on Medicare, not figuring in how to pay for those losses since private pay and private insurance would no longer be doing it.
I disagree.
When medical providers are only paid a third of what they charge, they are not operating at a loss.
It is just that they have jacked up their bills by over 4 times what they should be.
The savings that would pay for medicare for all would be the billions currently wasted on filling out private insurance claims, prepaying premiums, tax exempt employer benefits, incredibly jacked up provider charges, profit skimming by insurance companies and medical corporation monopolies, etc.
Other countries prove health care costs can be cut in half and still provide better quality service.
Do you have all of your savings investments in the medical field?
Why not? According to you they’re the biggest profit takers on earth.
Since the medical fields are the biggest profit takes on earth, they do not need a lot of invesment capital.
They already force us to prepay them more money than they know what to do with.
That is why they own most of the mutual funds investment companies.
They don't know what to do with all that money we keep prepaying them.
So the interest they pay out to stock holders is very low.
Only about 4% or less.
Most things pay better, like real estate.
The only good thing about investing in medical corporations is stability.
They never go down.