LogFAQs > #905965394

Antifar posted...

Our current system would cost $300 billion more to cover fewer people

http://peoplespolicyproject.org/2018/07/30/mercatus-study-finds-medicare-for-all-saves-300-billion/

The reports methods are pretty straightforward. Blahous starts with current projections about how much the country will spend on health care between 2022 and 2031. From there, he adds the costs associated with higher utilization of medical services and then subtracts the savings from lower administrative costs, lower reimbursements for medical services, and lower drug prices. After this bit of arithmetic, Blahous finds that health expenditures would be lower for every year during the first decade of implementation. The net change across the whole 10-year period is a savings of $303 billion.

You'd just rather pay premiums and co-pays than taxes.

well that site won't work for me, but it is fairly straightforward that you can cover a lot more people if you slash the amount you pay for services... it isn't rocket science

if you really wanted to bring down the costs, we'd be advocating for medicaid for all which (in addition to having a more generous benefits package in general than medicare) pays about 61% of what medicare does to providers
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