$57,000,000,000,000 is what our present healthcare will

[Prosper]

cost for 10 years.

What they don’t tell you is our current healthcare system will cost 57 trillion dollars over ten years with the richest people getting the best care subsidized by the poorest people.

Bernie’s system will cost about half that with everybody getting complete healthcare.

Bernie and Elizabeth can save the USA 20 trillion dollars.

57 trillion is the result of current system calculated at 5% interest which is what it increases a year now.

[5X]

1. Perfect analysis.

k and r

[Sherman A1]

2. A very valid point and one we were discussing over coffee yesterday morning

We didn't have a number, but all of our little political discussion group wondered just why the present system costs are never mentioned.

The current for profit system is unsustainable and has to change or it will collapse of it's own greed and our churning of patients for profits.

I am very supportive of Andrew Yang's thoughts on the move to a M4A system as he describes on his webpage.

MEDICARE FOR ALL
Access to quality healthcare is one of the most important factors in overall well being, and yet America is one of the few industrialized nations not to provide healthcare for all of its citizens. Instead, we have a private healthcare system that leaves millions uninsured and bankrupts even some of those who do have health insurance. At the same time, our cost of care is higher than in almost any other industrialized country while providing worse outcomes. The Affordable Care Act was a step in the right direction, providing funds to states to innovate while expanding Medicaid substantially. However, it didn’t address the fundamental issues plaguing our healthcare system:

Access to medicine isn’t guaranteed to all citizens
The incentives for healthcare providers don’t align with providing quality, efficient care
This must change.

Through a Medicare for All system, we can ensure that all Americans receive the healthcare they deserve. Not only will this raise the quality of life for all Americans, but, by increasing access to preventive care, it will also bring overall healthcare costs down.

With a shift to a Medicare for All system, costs can also be controlled directly by setting prices provided for medical services. The best approach is highlighted by the top-ranked Cleveland Clinic. There, doctors are paid a flat salary instead of by a price-for-service model. This shift has led to a hospital where costs are visible and under control. Redundant tests are at a minimum, and physician turnover is much lower than at comparable hospitals.

Doctors also report being more involved with their patients. Since they’re salaried, there’s no need to churn through patient after patient. Instead, they can spend the proper amount of time to ensure that each patient receives their undivided attention and empathy.

Outside of a shift to a Medicare for All system, we can look to the Southcentral Foundation for another important shift necessary in the way we treat patients: holistic approaches. At this treatment center for native Alaskans, mental and physical problems are both investigated, and, unsurprisingly, the two are often linked. By referring patients to psychologists during routine physicals, doctors are able to treat, for example, both the symptoms of obesity and the underlying mental health issue that often is related to the issue. The referral also leads people with issues they may otherwise try to bury – sexual abuse, addictions, or domestic violence issues – to bring them up with a doctor so that they can be addressed.

By providing holistic healthcare to all our citizens, we’ll drastically increase the average quality of life, extend life expectancy, and treat issues that often go untreated. We’ll also be able to bring costs under control and outcomes up, as most other industrialized nations have.

Finally, being tied to an employer so that you don’t lose your healthcare prevents economic mobility. It’s important that people feel free to seek out new opportunities, and our current employer-provided healthcare system prevents that.

https://www.yang2020.com/policies/medicare-for-all/

[democrank]

3. The obscene cost of our current health care system

should be a major calculation in these discussions.

[Sherman A1]

4. It should certainly be so, but somehow it doesn't seem to get mentioned

Gee..... I wonder why???

Wouldn't be all those ads for drugs we never knew we needed paying the bills for the talking heads filling airtime on the 24/7 Breaking Noise Cable Infotainment Channels?

[Prosper]

5. From Sherman A1: "all those ads for drugs we never knew we needed "

And now can be added to the working class list of things they (we) can’t afford.

And why isn’t the malady called “Profitism”?

[brutus smith]

8. Having economic mobility is a very important point.

This needs to be stressed more.

[Martin Eden]

9. Yang makes a lot of sense

Thanks for sharing that.

[Sherman A1]

12. My pleasure

I invite you to take a look at his list of policy proposals on his web site. https://www.yang2020.com/policies/

[redqueen]

11. Yang is on another level. And no baggage.

And no insider status. I really do think voters will surprise people once the primaries start.

[crazytown]

6. Health Care costs are growing by more than 5%

57 trillion dollars is a 'conservative' figure.

[TryLogic]

7. Finally, critically important numbers for comparison.

[greenman3610]

10. great point, has this been published anywhere?

[Prosper]

13. I've never seen it along with the fact personal income and

IRS revenue will grow with a Democratic President. Helping to pay for programs. GOP is only interested in acquiring wealth not building a strong healthy educated country.

[PhoenixDem]

14. Berniemath

The numbers calculated by economists put the pricetag of MFA between 75 trillion and much much more.

[Prosper]

15. What difference does it make for what MFA costs. MFA will

prevent early deaths and unnecessary pain and suffering.

[Prosper]

18. PhoenixDem said: "The numbers calculated by economists

put the pricetag of MFA between 75 trillion and much much much more.”

Please give me a link to the economists saying “75 trillion and,,,,,, I’d like to see how they get to 75 trillion. I’ve googled it and not having any luck.

[dansolo]

16. That 20 trillion dollars savings is a lie

I don't understand why people keep repeating that number as if it was a fact. Even using the most generous assumptions, the savings at most would be 2 trillion, not 20 trillion. I'm not using Elizabeth Warren's numbers, because they rely on even more unrealistic assumptions.

[Prosper]

17. dansolo said: "I'm not using Elizabeth Warren's numbers"

What numbers are you using. I’d like to see how they get 2 trillion in savings? Link or quote?