Reply #76: OK, I'll grant that [View All]

[Recursion]

But they still have to take in at least as much money as they pay out, right?

We spend 2 trillion dollars a year on health care. Not on insurance. On the actual treatments and doctors vists and tests and drugs.

Divide it by the population and you get about $500 per month per person, or about $1000 per month per household. Even Medicare's full premium is $800 per month (most people pay $100 with the remainder coming out of the Medicare trust fund we all pay into -- and which, just to add to the fun, is projected to go broke in 2029). And these numbers don't count the prescription drug coverage. Even if we did all that stuff at the Medicare reimbursement rates, it comes down to about $400 per month per person, or about $800 per month per household. It's still not close to affordable. No solution will work unless we can drastically cut how much providers receive for medical care.