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
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u/ConsequenceDesperate 13d ago

That’s because private health insurance make up the costs for Medicare.

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u/GeekShallInherit 13d ago

And it's more efficient. There's a reason our peers with universal healthcare are achieving better outcomes while spending half a million dollars less per person for a lifetime of healthcare. There's a reason all the research shows we'd save money while getting care to more people who need it with UHC.

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u/ConsequenceDesperate 13d ago

The system still depends on private healthcare. I mean most hospitals are privately owned. I highly doubt that iMedicare would keep the same rates since hospitals are going bankrupt if Universal Coverage is achieved.

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u/GeekShallInherit 13d ago

I highly doubt that iMedicare would keep the same rates

Weird how that's already factored in to calculations.

https://www.cbo.gov/system/files/2020-12/56811-Single-Payer.pdf

It's almost like people that dedicate their lives to researching topics aren't fucking idiots.

https://journals.plos.org/plosmedicine/article?id=10.1371/journal.pmed.1003013#sec018

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u/ConsequenceDesperate 13d ago

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u/GeekShallInherit 13d ago

Jesus Fucking Christ you're a time wasting fuckwit. Best of luck someday not making the world a dumber place. Personally I have better things to do with my life that argue with intentionally ignorant chucklefucks.

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u/ConsequenceDesperate 13d ago

That’s one estimate and the other is a literature review and the conclusion is still not clear

https://preview.redd.it/gdn8iznwtz7d1.jpeg?width=1170&format=pjpg&auto=webp&s=3622e3313cbd2ca6566902c8d4efd698f5ec426c

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u/GeekShallInherit 13d ago

That’s one estimate

The second link is a meta-analysis of all the top peer reviewed research on the topic. Thanks for confirming you're an intentionally ignorant, time wasting muppet that argues without even reading the links.

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ZOMG! As much as $36 trillion dollars over a decade? You realize healthcare spending from 2022 to 2031 under current law is expected to be $57 trillion, right?