Sen.Bernie Sanders on The View doubles down on Trump criticism

[Uncle Joe]

(snip)

In the weeks prior to his slated appearance on the daytime talk show, Sanders has crisscrossed the country touting what is widely considered the cornerstone of his campaign, “Medicare for all.” The health care plan eliminates private health insurance provided by employers and transitions to a government-run plan. Sanders promises that his plan would mean an end to insurance copayments, deductibles, premiums and other out-of-pocket expenses.

"The function of a rational health care system is not to make billions for insurance companies and drug companies,” said Sanders at a campaign stop in Florence, South Carolina on Friday. “It is to provide health care to every man, woman, and child as a human right."

(snip)

“Why should people be placed in financial duress? For what crime did you commit?,” Sanders told supporters in Florence, South Carolina. “You had a serious illness. That is not what this country should be about, but I think when we move to Medicare for All, we will end bankruptcy, and we will end families having to suffer financially.”

(snip)

“It is an insane cruel system that says you have to go deeply into debt or go bankrupt because of what?” Sanders told reporters. “Because they came down with cancer, they came down with heart disease, they came down with Alzheimer’s or whatever.”

https://abcnews.go.com/Politics/senbernie-sanders-view-doubles-trump-criticism/story?id=65366077

[InAbLuEsTaTe]

1. Why I love Bernie,he brings it like no other candidate & Uncle Joe you know its justa matter of time

before he runs away with this thing!!


Bernie & Elizabeth 2020!! or
Elizabeth & Bernie 2020!!
Either way, welcome to the revolution!!!

[Uncle Joe]

5. I hear you InAbLuEsTaTe

[George II]

2. Yes, the healthcare insurance companies "made billions" in profit, but based on what in revenue?

The eight largest insurers made more than $7 billion during the third quarter of 2018 and pulled in a hefty $132.4 billion in revenue.

So they paid out tens of billion in expenses and healthcare payments - $125 billion to be exact. Their profit margin calculates to 5.2%, much lower than most industries in this country, and much lower than small local businesses, grocery stores, bodegas, convenience stores. They're working at a lower margin than just about every other industry and business in the country.

We need to see the whole story, not just the vague talking points.

https://www.fiercehealthcare.com/payer/big-eight-insurers-set-to-finish-strong-year-raking-132-4-billion-total-q3

[Hassin Bin Sober]

3. Which is why they have no incentive to keep costs down.

All they have to do is manage costs during their contract and raise premiums for the new year. The more of our money they spend, the better. Their profit is based on volume. Our volume.

[George II]

4. That's strictly speculation. In a number of states...

...insurance premiums are regulated by the state government.