Democratic Primaries
In reply to the discussion: Bernie on releasing a plan to pay for MFA: "I don't think I have to do that right now." [View all]Buzz cook
(2,909 posts)Perhaps the medicare for some and ACA for others could explain how they're going to pay for it.
If our current system costs 10k per person per year and we have a population of 330 million and 24 million still don't have health insurance; how are you going to pay for it, who will pay for it, will taxes go up?
That's more than 33 trillion over ten years, not counting that medical insurance costs raise at a rate higher than inflation and not counting the cost of bring the non-insured into the system.
This works out to be more than the 30 trillion cost Joe Biden claimed medicare for all would cost.
How will Warren and Sanders pay for it? The monies now being paid into private insurance will instead be paid into a public insurance program. That is not a ta
unless you believe our current medicare payroll withdrawals are a tax instead of insurance. That is a frequent claim).
Further the monies that corporations paid into private insurance will go to fund public insurance. A further increase in the top tax rate will give additional funding to public health insurance.
Many calculations strongly indicate savings with M4A over the current system. A public option is our current system plus other costs. It is arguably more expensive that either M4A or our current system the ACA.
primary today, I would vote for: Undecided