Can Bernie Sanders’ Medicare for All work? No time soon, Princeton economist says

From fantasy:

Create a Medicare for All, single-payer, national health insurance program to provide everyone in America with comprehensive health care coverage, free at the point of service.

No networks, no premiums, no deductibles, no copays, no surprise bills.

Medicare coverage will be expanded and improved to include: include dental, hearing, vision, and home- and community-based long-term care, in-patient and out-patient services, mental health and substance abuse treatment, reproductive and maternity care, prescription drugs, and more.

Stop the pharmaceutical industry from ripping off the American people by making sure that no one in America pays over $200 a year for the medicine they need by capping what Americans pay for prescription drugs under Medicare for All.

To reality:

According to Paul Starr, a Pulitzer Prize-winning health economist who worked on the failed Bill Clinton health-care plan in the 1990s, the answer is: not any time soon. For one thing, extending the program for older and disabled Americans to everyone would consume so much of the federal government’s resources, it would require massive tax increases and turn the government into “a health insurance company with armed forces,” the Princeton economist said Friday at a health care cost conference held by the University of Pennsylvania’s Leonard Davis Institute.

Source: Can Bernie Sanders’ Medicare for All work? No time soon, Princeton economist says at Penn.

One comment

  1. This begs a question. If the armed forces of the healthcare insurance company, aka M4A, shoots you while rioting about paying the $200 for free healthcare; do they have to still pay for the medical treatment for your injuries?

    If you pay $200, is it still free? You are entitled since you will being paying much, much higher taxes. If you pay higher taxes than you are paying now, is that still free?

    If I like my doctor, can I keep him even if he quits because of the low provider reimbursement. After all, he has to get another job so that he can pay back his students loans. Wait, I forgot, college if free to all too. Rise my taxes some more.

    What is the government going to do when they realize in order to save money on M4A that they will have to ban sin products such as alcohol, tobacco, and sugar which will result in massive underfunding of programs that they keep rising the sin taxes on to fund those programs.

    Sorry for the rant, but I love the comment of an healthcare insurance company with armed forces. Nurses with rifles.

    Like

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