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Medicare For All would cost $32 trillion over 10 years [1]. [1] https://www.vox.com/policy-and-politics/2018/7/30/17631240/medicare-for-all-bernie-sanders-32-t
by Despegar 7y ago
Medicare For All would cost $32 trillion over 10 years [1].
[1] https://www.vox.com/policy-and-politics/2018/7/30/17631240/medicare-for-all-bernie-sanders-32-trillion-cost-voxcare https://www.vox.com/policy-and-politics/2018/7/30/17631240/m...
- jandrese 7y agoCompared to the $40 Trillion we are going to spend on private insurance over 10 years that's a bargain. https://www.cms.gov/research-statistics-data-and-systems/statistics-trends-and-reports/nationalhealthexpenddata/nationalhealthaccountshistorical.html https://www.cms.gov/research-statistics-data-and-systems/sta...
- Despegar 7y agoI don't personally care about the cost because I think it's a moral imperative, but yes it'd actually save money if a single payer were negotiating with all the providers and drug companies.
- cmarschner 7y agoHealthcare costs in the US are laughably high. Costs could be reduced easily by 50% and life expectancy could still go up, as many other countries show. There is no reason to spend more than 8-10% of GDP on healthcare rather than the US‘ 15.