A study finding that a single-payer health care system as advocated by people like Bernie Sanders and Alexandria Ocasio-Cortez would cost in the neighborhood of $32 trillion was disputed by Sanders’ office, even though they said they hadn’t yet run the numbers themselves. Proponents of the so-called “Medicare for All” proposal have said it would lead to overall savings:
Even a Koch brothers-funded attempt to trash Medicare for All can't hide the truth: Medicare for All will lead to a $2 TRILLION REDUCTION in national health expenditures over 10 years.
That’s trillion with a “T.” https://t.co/eOfd29cDoa
— Bernie Sanders (@SenSanders) July 30, 2018
Daily Beast national editor Justin Miller presented these numbers in an attempt to back up claims such as that:
We spend $3.3 trillion on health care per year. That plus inflation would be well over $33 trillion in 10 years. So it's a net savings, as the report says. https://t.co/7A3sxyf4ZO
— Justin Miller (@justinjm1) July 30, 2018
Taxes replace insurance premiums and co-pays. But it's still "raising taxes" so politically unpalatable
— Justin Miller (@justinjm1) July 30, 2018
Believe it or not, that “math” was a tough sell for many.
Who's "we", Comrade Sabe? https://t.co/ej7OFFEyWF
— Cuffy (@CuffyMeh) July 30, 2018
Hey, when a proposal for tens of trillions hits the table, we’re all in this together!
https://twitter.com/Memphis_Yoda/status/1023944926797725697
Many politicians’ proposals supposedly will “pay for themselves” or “save money” in some way but yet the U.S. still somehow has ended up $21 trillion in debt. Go figure!
1) You’re conflating how much the US spends on health care as a whole with how much the federal government spends
2) An Urban Institute study 2 years ago found the same cost and that Sanders’s plan only paid for $15 of the over $32 trillion price tag https://t.co/IjNRIpYE5J https://t.co/d1Tp71S3Qf— Evan Siegfried (@evansiegfried) July 30, 2018
Recommended
Nice try pic.twitter.com/0Bwh0Q8Adq
— Muffin Bear Pics (@muffnbear) July 30, 2018
A) individuals dissatisfied with govt insurance will spend their own $. Did UConn cause Yale to close?
B) when has the public sector ever been more efficient than the private sector? (If it were in this instance you’d have massive job losses) https://t.co/mlWwS3C4fT— CTIronman (@CTIronman) July 30, 2018
Are you serious with this?https://t.co/CBr46VEWy2
— BT (@back_ttys) July 30, 2018
Ah, the perils of a journalisming degree. https://t.co/KPn1nxt7Zd
— Smatt (@mdrache) July 30, 2018
But wait, there could be more!
Why stop there? US GDP is around $20 trillion per year. Let everyone quit their job and have the government provide all we need? #FreeEverythingForAll. https://t.co/f6JENOTMuH
— cosmoscon (@gdthomp01) July 30, 2018
Give it time.
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