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HammerTime






    Quote:
    Again, why are we still debating the cost effectiveness of MFA?

    https://www.businessinsider.com/bernie-sanders-medicare-for-all-plan-cost-save-money-2018-7

    "According to the Mercatus model, total health spending would actually come in about $303 billion lower in 2031 than under current projections, with $7.35 trillion going to healthcare that year versus $7.65 trillion expected now. Total national health spending would be $2 trillion lower from 2022 to 2031 under the plan, the report found.

    While the price tag for the federal government would increase significantly, decreased spending by other groups would lower total healthcare spending over that 10-year period. Meanwhile, the model also assumes that 30 million more people would get access to healthcare, and many people would get more robust services.

    The savings would come from a variety of places, such as the government's ability to leverage its bargaining power into lower prescription-drug costs and mandating all healthcare providers take the lower Medicare payment rate."

    If you want to pay more for less, I guess stick with the current plan?


https://www.thedailybeast.com/the-dollar32-trillion-question-that-medicare-for-all-advocates-will-never-answer

https://mediabiasfactcheck.com/daily-beast/

This article from the Daily Beast, a liberal news source, talks about the Mercatus model. Accordingly, it says that the Mercatus model estimated total national healthcare expenditures (NHE) at $58 trillion, but this was “under the most generous assumptions.” However, “under more plausible assumptions” by the liberal Urban Institute, NHE would rise as high as $65 trillion which is a 12% higher cost. So right there, you argument breaks. Look:

--------------------------------
Norvell's argument (which uses the most generous assumptions):

$58 trillion NHE per Mercatus model

Less:

$60 trillion on health care Americans currently projected to spend

Equals:

$2 trillion savings


--------------------------------
HammerTime’s argument (which uses more plausible assumptions):

$65 trillion NHE per liberal Urban Institute

Less:

$60 trillion on health care Americans currently projected to spend

Equals:

$5 trillion losses


Ewps.



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