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/abrandis 11d ago

Lol if it was only healthcare, add to that the military industrial complex ,big oil, big agriculture, bill banking sector etc.... the US economy is the seat of capitalism and maximizing profits for the capitalists , how do you propose we change that?

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u/SpiltMySoda 11d ago

Do away with insurance companies and make lobbying illegal.

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u/MyCantos 11d ago

The CEO of United Health Care (a misnomer as it is an insurance company) makes $68,500 a day. A FREAKING DAY!!!!

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u/SpiltMySoda 11d ago

I havent even crest $60000 and this man takes that home in 20 hours. Imagine going on a week vacation and you come back having been paid equal to 7 of your employees YEARLY salary. That's insane.

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u/MyCantos 11d ago

UHC was the insurance carrier when I was a union firefighter. Just getting ripped off every year. Tried to get us off city provided insurance but no avail. City wanted to hold the cost over our heads when negotiating contracts even though it would save the city money. Funny thing is a few years later Republicans passed a law that forbid unions negotiating insurance costs. Double fricking whammy. Get a 3 percent raise and the city just jacked up what we pay for insurance, so no substantial raise