How Does Bernie's Medicare For All Work?

How Does Bernie's Medicare For All Work?

it's simple (besides the fact that it is not simple) bernie gets elected and congress passes it.

wait, no, that's too simple.

here's how bernie's medicare for all would work.

the president and congress get together to pass it.

wait, what is it?

bernie's socialist nightmare of a national health care system.

okay, then.

the president and congress get together to pass bernie's socialist nightmare of a national health care system.

next, after they have passed it, they have to figure out how to pay for it.

and here is where bernie's medicare for all doesn't work.

it doesn't work because there is no way that, unless you believe in fairy tales and magic beans, that bernie's medicare for all is going to be paid for.

and, since we are in the real world, we need to look at what does the actual payment for health care looks like.

and, to be fair, we will only look at the actual payment for health care and not the cost of providing health care.

because when it comes to the cost of providing health care, we can't even agree on the cost, let alone the payment.

for example, it is estimated that the actual cost of providing health care for one patient in the united states is around $8,100 per year.

but if you ask the aarp, the largest lobby for older american, they will tell you that the cost of providing health care for an older american is around $16,500 per year.

and then, if you go to the american medical association they will tell you to add another $4,500 for doctor's co-pays and other out of pocket expenses.

and what is the payment for health care?

in 2016, the average family policy cost $18,142.

and that is all of the health care; not just the cost of providing health care.

so the most aggressive estimate of the cost of providing health care is the payment for health care.

so, depending on which side of the aisle you are on, the cost of providing health care is $8,100 and the amount we pay for health care is $18,142.

and that is the lowest estimate.

but even if we use the highest estimate of $18,142, that is 3.65 times the cost of providing health care.

and if we use the middle estimate of $16,500, then the actual payment for health care is 4.53 times the cost of providing health care.

but, going back to bernie's socialist dream of multiple government-run health care systems, the costs don't go away.

they will just transfer to the federal government.

and, in fact, even if you just look at medicare, the cost of providing health care for a senior is $11,000 per year.

and the actual payment to a medicare patient is $19,500 per year.

and that is only for the doctors; you can't even add in the $8,100 a year for other things like hospital stays.

and, to be fair, a medicare patient pays their share of the cost of providing health care.

and they are getting older.

so the cost of providing health care for them will go up.

but the amount that they pay for health care goes down.

so the discrepancy is going to get larger.

but the point is that the cost of providing health care doesn't go away.

but, instead of going to the doctor's insurance, it will go to the federal government.

and, at that point, the cost of providing health care will go from a manageable $8,100 per year to anywhere from $22,000 to $50,000 per year.

and the actual amount that is paid for health care will be anywhere from $18,000 to $45,000 per year.

and the discrepancy in the cost of providing health care and the payment for health care will be anywhere from $4,000 to $10,000.

and that is only if we believe that the government is more efficient than the insurance companies.

and, speaking only for myself, i don't believe that the government is more efficient than the insurance companies.

and the reason that i think that the government is not more efficient is because i don't think that government is more efficient at anything.

i mean, i think that the government is very good at doing two things: killing people and stealing things.

and we already have an unholy amount of death and theft.

if we marry those two things and add health care, we are going to have an unholy amount of death and theft.

and the point is that, if we don't have an economy that is growing fast enough to provide the payments for health care, then we are going to be left with a choice between a government that is so large that it has to steal things or a government that is so large that it has to kill people.

and the point is that we don't have to have that choice.

we just need to have an economy that is growing fast enough to provide the payments for health care.

so we just need to have an economy that is growing fast enough to have an average family policy cost $13,000 per year.

and that is not an unreasonable number.

in fact, in 1950, the average family policy cost about

LET'S GET STARTED

Get A Quote Now

Get a QuoteSpeak With a Licensed Agent Now*
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.