r/FluentInFinance 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
21.5k Upvotes

2.6k comments sorted by

View all comments

45

u/effdubbs 13d ago

I don’t know if this claim or its math are accurate. What I do know is this: US healthcare is in crisis. I’m a nurse practitioner and I have never seen turnover like this before, especially of physicians. The workload and environment are untenable. Systems are crumbling, yet money continues to be extracted. Patients and workers are not getting what they need.

Another thing I know, patients wait here too, sometimes for over a year, depending on the complaint and specialty. The argument to keep our system as is because patients wait in single payor systems is simply not a good one.

1

u/0WatcherintheWater0 13d ago

There should be some significant changes to the healthcare system, but adopting a single-payer system would help no one and provide no efficiency benefits.

6

u/countdonn 13d ago

Scales of economy don't provide costs and efficiency benefits? They don't lower costs due to negotiation power? My free market believing economics professors must have lied to me.