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How much would single payer cost?

Posted on 9/22/17 at 6:40 am
Posted by TitleistProV1X
Member since Nov 2015
3511 posts
Posted on 9/22/17 at 6:40 am
How much extra would we have to pay in taxes for government run health insurance? I've seen anywhere from 6-10% extra for high income earners. Right now I pay ~$400 per month through my employer for a family plan. If you have a household income of $250k that means you would be paying ~$15k-$25k a year for awful service provided by the federal government. It's hard to believe that they would propose this but the money has to come from somewhere and it can only be from those that earn more. Why should this be supported?
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 9/22/17 at 6:42 am to
Without strict boarders and reduced immigration, it would cost "too much" in year one and even more every year moving forward
Posted by IceTiger
Really hot place
Member since Oct 2007
26584 posts
Posted on 9/22/17 at 6:43 am to
They are crazy...every other country's service sucks
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 9/22/17 at 6:43 am to
Profit is the key element.

Usa md makes twice what the euro md makes.

Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 9/22/17 at 6:44 am to
Good. They should make more.
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 9/22/17 at 6:46 am to
Negotiate bulk purchase of meds for medicaid.
My eye drops $475 for a 6 week supply in usa public.
I pay
$80 for 3 months supply.
Posted by DaBike
Member since Jan 2008
9149 posts
Posted on 9/22/17 at 6:48 am to
I'm more concerned about the poor care provided in a single payer system. I lived in the U.K. for 3yrs under their single payer system. The care and treatment a available is of a lower standard than what we find in the US. You also had to wait weeks or months or basic services.

I'm willing to pay more for the quality of care and medical advancements we receive in the US.
Posted by baybeefeetz
Member since Sep 2009
31636 posts
Posted on 9/22/17 at 6:50 am to
Who do you think is in the way of that, and how do you think they ffight it?
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123907 posts
Posted on 9/22/17 at 6:54 am to
quote:

I've seen anywhere from 6-10% extra for high income earners.
Cost would run north of $2 trillion/year.
Current individual income tax revenue is $1.65 trillion.

So income tax revenue overall would need to increase >200%, perhaps as much as 250%. Insofar as "high income earners" share of that, you do the math.
Posted by Kickadawgitfeelsgood
Lafayette LA
Member since Nov 2005
14089 posts
Posted on 9/22/17 at 6:56 am to
I'd like to do a comparison. What's the cost of the proposed plan?
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 9/22/17 at 6:56 am to
Obviously your numbers are fake.

No such budget would pass.
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 9/22/17 at 6:57 am to
You base numbers on current costs.

Cost is the secret.
Profit.
Posted by zeebo
Hammond
Member since Jan 2008
5193 posts
Posted on 9/22/17 at 6:57 am to
The same as single payer for cars, or houses, or food.
Posted by DisplacedBuckeye
Member since Dec 2013
71651 posts
Posted on 9/22/17 at 7:00 am to
quote:

You base numbers on current costs.

Cost is the secret.
Profit.


Yep. This is what it always comes down to with y'all.

"That other person that isn't me makes too much money. Take some of it."
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 9/22/17 at 7:06 am to
quote:

You base numbers on current costs.

Cost is the secret.
Profit


The best thing about liberals is that they seem to think cost is etched in stone. Therefore, they only see profit as "extra"

This, despite evidence since forever that this is a false view.

They literally have no idea what causes profits
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 9/22/17 at 7:09 am to
quote:

Obviously your numbers are fake.

No such budget would pass.



LA TIMES -$400 Billion annually

bullshite

California determined it would cost them $400 billion a year for their 12 or 13% of the population.

8 times that is over $3 trillion a year.

They were going to pass it this year until they found out how much it would cost.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11806 posts
Posted on 9/22/17 at 7:09 am to
All single payer will do is elevate 20% of the US population up and bring down the other 80%.

Then you will see a surge of private care facilities where those that can afford to pay their taxes and pay for better access/care (similar to the private school system)

Right now the us pay about 17-20% ( 20% GDP by 2025of our GDP on health care.

Right now we pay as a country 26% of our GDP in taxes. so if this is proportional, then you will pay another 75-80% more in taxes to fund single payer if current costs = single payer costs. But with "Free" access to health care you either see more straining the system, or the system slows down and has delays....unless you spend even more for personnel and facilities.

Not to mention, the sheer inefficiency/corruption losses trying to run a government program on this scale. 1/5 (and growing) of GDP now run 100% by one source....

Posted by NC_Tigah
Carolinas
Member since Sep 2003
123907 posts
Posted on 9/22/17 at 7:25 am to
quote:

Usa md makes twice what the euro md makes.
FALSE!

Everytime you've posted that garbage, I've linked sources correcting you.

At this point, you are simply lying
Posted by roadGator
Member since Feb 2009
140409 posts
Posted on 9/22/17 at 7:30 am to
He's almost as bad as BamaSJW
Posted by BamaAtl
South of North
Member since Dec 2009
21895 posts
Posted on 9/22/17 at 7:35 am to
In sum, it would be about a wash.

Shifting the money from premiums to taxes makes the taxes look big and scary, but you guys always forget to mention that you'd no longer be paying premiums.

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