r/FluentInFinance • u/The-Lucky-Investor • 11d 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 11d 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/FDRomanosky 11d ago

The ACA has made healthcare affordable to millions, it has been very successful at helping low income folks. People making decent money don’t qualify for the subsidies unfortunately.

There are also numerous parts of the ACA that impact everyone outside the cost of premiums that people tend to gloss over.

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u/Omnom_Omnath 11d ago

You have a funny definition of affordable.

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u/FDRomanosky 11d ago

I run a team that helps folks navigate the ACA market, subsidies were increased drastically for certain parts of the population a few years ago, it was part of the COVID bill, more people are utilizing ACA plans than ever before, get the net

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u/Omnom_Omnath 11d ago

Why should only certain specific groups get subsidies? Not really fair to the rest of us paying out the ass for shitty healthcare

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u/FDRomanosky 11d ago

It’s based on income, like most things

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u/Omnom_Omnath 11d ago

Sure, and thus only really helps a tiny minority of the population. Better than nothing I suppose but also isn’t the major win the democrats laud it as imo

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u/MsAgentM 11d ago

Well I hope you are voting for Dems that will vote for universal healthcare in the future. Republicans are just gonna try to reduce subsidies.

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u/Omnom_Omnath 11d ago

Which Dems would those be. Biden is against it

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u/MsAgentM 11d ago

Depends on your area. It's the legislatures that matter here really. I think Biden would at least get us closer than any Republican. At least he put more subsidies to it and worked to allow medicare to negotiate with drug companies for certain drugs.

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u/Omnom_Omnath 11d ago

For old people only. Not across the board

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u/MsAgentM 11d ago

Only what for old people?

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u/Sufficient_Meet6836 10d ago

Biden is against it

Blatant lie. It was part of his platform

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u/Omnom_Omnath 10d ago

His actions do not match his words. Naive af to trust his platform when it contradicts his 40 years in office.

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u/njackson2020 11d ago

So vote for the guy that has had 50 years to do something about it? For some reason I don't think he's going to jump on doing a whole lot different than he has his entire political career

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u/MsAgentM 10d ago

I said vote for Dems and you would do well to vote for Biden too. He was vital to Obama getting the ACA passed. If it had passed with all they wanted it would have had a public option and expanded Medicaid access access the country. It doesn't because of one Dem and Republican governors that sued and opted out of the Medicaid expansion