r/FluentInFinance • u/The-Lucky-Investor • 13d ago

“Medicare for All” would save the U.S $5.1 Trillion over 10 years Discussion/ Debate

https://www.commondreams.org/news/2018/11/30/easy-pay-something-costs-less-new-study-shows-medicare-all-would-save-us-51-trillion
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u/MoneyGrapefruit1000 13d ago

Is this similar to how the ACA was going to make healthcare affordable without making people change their doctors? Because that didn’t happen for most of us.

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u/SuperFrog4 13d ago

Ah but do you know why it didn’t happen?

Hint: Republicans in Congress stripped out provisions that would have provided that.

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u/timemoose 13d ago

Republicans did not control either the House or Senate at this time.

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u/[deleted] 13d ago

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u/SuperFrog4 13d ago

They did not but they had enough seats in the senate to block the legislation from passing if they wanted to. Back then you needed 60 senators to vote yea to pass legislation. The democrats had to rely on several moderate republicans to pass the legislation and becuase of this republicans were able to remove some important sections of the legislation in an effort to make the law as weak and ineffective as possible and hopefully because of that campaign in the 2012 election on that failure and win the house or senate and get rid of it entirely.

Just because you have a majority doesnt mean you can do what you want as has been seen by the current house.

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u/timemoose 13d ago

You need to google cloture.

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u/Abollmeyer 13d ago

It couldn't possibly be the 100% burden of an expensive individual insurance plan vs the 40% an employee would pay for a comparable plan.

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u/thicckar 13d ago

Could you tell me more? I believe you just want to learn more

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u/SuperFrog4 13d ago

I would read the section on legislative history. All that information is taken from congressional records.

https://en.m.wikipedia.org/wiki/Affordable_Care_Act

Of note at this time you needed 60 votes to pass legislation in the Senate hence why the Republican minority was able to scale back a lot of great parts of the ACA. Their goal was to make it less than optimal so people would hate it and they could run in the next election on the campaign promise to and the ACA.