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/Ginden 13d ago

Eh. It's $5.1T over 10 years (claimed by politician), while $170B (in 2024 prices it's $225B) is every year.

So Ozempic nationalization would cost $100B now to save $2.25T over 10 years.

This has key political advantage over universal healthcare - patent nationalization would be effectively irreversible, while universal healthcare can be gutted by Republicans in next election cycle. It can also be framed in "patriotic" terms, like creating jobs in American pharmaceutical factories.

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u/BigPlantsGuy 13d ago

So we would save half as much as we would if we ignored your suggestion and just did M4A?

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u/magikarp2122 13d ago

Don’t have to worry about Republicans gutting it is a huge advantage.

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u/BigPlantsGuy 13d ago

They could just sell the patents to a private company. There are very few ways to “republican proof” our country