'It Is Really Sad': Sanders Rips Biden for Deploying Insurance Industry Talking Points Against

[Uncle Joe]

Medicare for All

(snip)

"It is really sad that Joe Biden is using the talking points of the insurance industry to attack Medicare for All," said Sanders. "Joe must know that we currently spend twice as much per capita on healthcare as the people of almost any other major country and that we pay, by far, the highest prices in the world for prescription drugs."

"Under Medicare for All, funded in a progressive manner, all Americans will have comprehensive healthcare coverage as a guaranteed human right and, with no premiums, co-payments, or out-of-pocket expenses, ordinary Americans will be spending far less for that care than they currently pay," the Vermont senator added.

(snip)

As Common Dreams reported Wednesday, Biden failed to mention that the United States spent $3.65 trillion on healthcare in 2018.

During Tuesday night's Democratic debate in Ohio, Sanders said he is "tired... of people defending a system which is dysfunctional, which is cruel."

(snip)

https://www.commondreams.org/news/2019/10/17/it-really-sad-sanders-rips-biden-deploying-insurance-industry-talking-points-against

[BBG]

1. So, $36.5T for 10 years at 2018 run rate?

$32T for ten years sounds like a bargain then M4A...

[hedda_foil]

2. That's the point.

[Uncle Joe]

3. It sounds like a bargain to me BBG.

A new study finds that a full-scale single-payer health insurance program, also called "Medicare for All," would cost about $32 trillion over 10 years.

The study from the Urban Institute and the Commonwealth Fund found $32.01 trillion in new federal revenue would be needed to pay for the plan, highlighting the immense cost of a proposal at the center of the health care debate raging in the presidential race.

The study did not analyze the exact proposals from any presidential candidates, but the proposal it examined is roughly similar to the one put forward by Sen. Bernie Sanders (I-Vt.) and backed by Sen. Elizabeth Warren (D-Mass.).

The flip side is that the study finds the plan would provide large savings to American households, who would no longer have to pay premiums or deductibles for their care, resulting in $886 billion in savings for people over 10 years. The plan would also provide insurance to everyone, reducing the number of uninsured from 32.2 million people to zero, the study found.

(snip)

https://thehill.com/policy/healthcare/465894-new-study-full-scale-medicare-for-all-costs-32-trillion-over-10-years