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/Cracked_Actor 13d ago

But what about the economic rape of America by the medical industrial complex? How will we continue to feed the insatiable financial appetites of the few who have become insanely wealthy under our current “system”?

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u/abrandis 13d 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/throwaway23345566654 13d ago

Healthcare is 20% of GDP, it’s way bigger than any of those other sectors.

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u/abrandis 13d ago

Yep, which is why it won't be reformed anytime soon... We probably could get down to 10-15% gdp and have better outcomes.

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u/BasketbaIIa 13d ago

That’s the wrong perspective imo. We’re talking about health care. Other sectors getting away with it is one thing. I can avoid a draft, I can unsubscribe from overpriced shit. Letting them exploit people like this is feasible long term though?

Behind the scenes the hospital execs and insurance companies work it out at everyone else’s expense.

Politicians can only pretend to care about drama for so long. More and more people are realizing maybe a general practitioner backed by WebMD isn’t worth $500 an hour.

Scratch that. I’m in and out in 4 - 20 mins tops, so multiply my $863 bill that insurance turned into $140 by whatever number you want