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/Pickle_ninja 13d ago

In America:

Person with a fever of 99.0F (37.2C): Get back to work.

Person with a fever of 100.0F (37.7C): Stay home take some cough syrup.

Person with a fever of 101.0F (38.3C): Stay home take some cough syrup.

Person with a fever of 102.0F (38.9C): Stay home take some cough syrup.

Person with a fever of 103.0F (39.44C): I'm going to try cooling down with a bath.

Person with a fever of 104.0F (40C): I think I should go to the hospital.

Person coming across a Person convulsing on the ground with a fever of 105.0F (40.55C): "OMG! CALL A $10,000 AMBULANCE!"

In Countries with Universal Health Care:

Person with a fever of 99.0F (37.2C): I'm going to see a doctor.

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u/TaftIsUnderrated 13d ago

Does everyone in Canada and the UK really go to the hospital when they have a fever of 99F? What about when they get a splinter, mild ankle sprain, or runny nose?

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u/flawstreak 12d ago edited 12d ago

Do you? If the answer is no then you can logically extrapolate that most people don’t choose to overuse health care. It’s got like diminishing marginal returns on wasting time for a splinter. It’s not what you’d consider a normal good, ya know?

I realize the example is kinda bogus, but I get what they’re putting down. If insurance companies can lower costs by having a larger pool then why can’t that apply to an entire population?