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/FDRomanosky 13d 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 13d 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 13d ago

It’s based on income, like most things

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u/Omnom_Omnath 13d 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 13d 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 13d ago

Which Dems would those be. Biden is against it

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u/MsAgentM 13d 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 13d ago

For old people only. Not across the board

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u/MsAgentM 13d ago

Only what for old people?

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u/Omnom_Omnath 13d ago

Insulin. It’s not like it was across the board. My brothers insulin isn’t capped at $35

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u/MsAgentM 13d ago

Pretty sure that cap would only apply to Medicare recipients. Unless 42 is old. My brother is also on insulin, is a Medicare recipient and his is capped. But actually ... It may seem like it's for old people because it's a Medicare program. Medicare also covers people on disability.

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u/Omnom_Omnath 13d ago

Sure, I was being hyperbolic. Point is it isn’t the win Biden is claiming it is, when it only benefits a small minority of Americans.

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u/MsAgentM 13d ago

It's a step in the right direction. Biden tried to get Medicare much more ability to negotiate and Sinema and Manchin stopped that. What does Trump and the Republicans do about this problem?

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u/Sufficient_Meet6836 13d ago

Biden is against it

Blatant lie. It was part of his platform

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u/Omnom_Omnath 13d 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 13d 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 13d 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