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
21.5k
Upvotes
8
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.