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For those hyping the “2 trillion saved over 10 years” Medicare for all stat
Posted on 8/1/18 at 8:17 pm
Posted on 8/1/18 at 8:17 pm
1) because health care spending is not randomly distributed in America and certain segments consume far more health resources than the rest, it is theoretically possible that health care costs fall despite the majority of people either paying the same or paying more than they do now. This is because it would be financed by taxes on incomes rather than payments for medical services rendered. The minority who consume huge amounts of care would see drastic falls in expenses which are so large they cause the average for entire nation to fall
2) in order to assume the2 trillion decade fall in costs is feasible, you’d have to assume providers could withstand a 40% decline in payments. I’m sure economists who are aware that supply curves slope upwards would think otherwise
2) in order to assume the2 trillion decade fall in costs is feasible, you’d have to assume providers could withstand a 40% decline in payments. I’m sure economists who are aware that supply curves slope upwards would think otherwise
Posted on 8/1/18 at 9:39 pm to HailHailtoMichigan!
Government costs never go down. NEVER
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