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Started By
Message
re: How much would single payer cost?
Posted on 9/22/17 at 10:25 am to DisplacedBuckeye
Posted on 9/22/17 at 10:25 am to DisplacedBuckeye
quote:
a link to the VA site stating how "wonderful" the VA is?
Of an independent survey, sure.
Remember the last time you asked me for advice about navigating the VA system, and used that advice? Yeah, me too.
Posted on 9/22/17 at 10:26 am to BamaAtl
quote:
Not really relevant
Bernie Sanders' own single-payer idiocy is not really relevant . . . ?
Posted on 9/22/17 at 10:27 am to BamaAtl
quote:
Of an independent survey, sure.
I suppose you think that "independent" survey would have found its way on the site if it were less than favorable.
quote:
used that advice
That didn't happen. Your advice was mostly useless. Thanks for trying though.
Posted on 9/22/17 at 10:28 am to DisplacedBuckeye
quote:
Remember that time when you didn't really know anything about the VA? Yeah, me too.
Posted on 9/22/17 at 10:29 am to DisplacedBuckeye
My advice was exactly in line with what you'd already been told. Pretty odd coincidence, since I know nothing about the VA.
Posted on 9/22/17 at 10:30 am to BamaAtl
quote:
My advice was exactly in line with what you'd already been told.
Correct, which was also mostly useless. That's why I asked, foolishly thinking you might know something. You didn't.
quote:
Pretty odd coincidence, since I know nothing about the VA.
I don't think it's that odd at all. The people I already spoke to didn't know, and neither did you. No coincidence there.
Posted on 9/22/17 at 10:31 am to roadGator
quote:
Publish that number openly. Let the people decide if they want to foot that bill so you can have your feelings elevated. Be honest for once. Don't lie about it saving money or the doctors and plans will be the same. Try honesty. Just once.
The reality is no one can actually answer the question with any level of precision and certainty because there are too many variables. A couple of hyperbolic examples would be a severe pandemic occurs and drives costs through the roof, on the other hand someone one could develop a drug that cures cancer and "gift it" to the world significantly reducing costs. Ripple effects in the economy are hard to pin down, lower insurance profits, lower drug profits etc. These are things that take think tanks months and years to come up with a number and they are almost always off by an amount most consider significant.
My admittedly simplistic view:
With military 39-45% of Americans are on some sort of single payer/ single provider system now.
The un/underinsured often wait until a problem is severe before seeking treatment. They often find care at EDs which is massively expensive. So this group today costs much more than it should to "cover". We "all" cover these write off costs directly or indirectly.
Almost al my experience with Medicare has been positive. I am actually sitting right now waiting for my g-mother to get out of surgery as a result of a bone tumor from breast cancer that has caused bone met. It was diagnosed last Thursday, was in to see the new specialist on Friday and one week later is having her surgery. Anecdotal but it follows my experience.
I am 49 and either myself or my parents have paid premiums for the entire 49 years. I have been very lucky to have had only 1 ED visit (for food poisoning) my entire life. My total payout from health insurance those 49 years is well under 10k and have not been to the Dr for anything but a routine checkup for my entire adult life. This means I have significantly subsidized many people over that time. While part of me thinks it is unfair I also know I could develop massive health problems tomorrow so I am good with it.
I do understand single payer would be difficult and messy to implement not in small part to the fact it is highly politicized. I do however feel that implemented correctly it would be a net positive for the country without requiring some huge distribution of wealth.
I also understand not everyone will agree and likely nobody will change their minds, certainly not based on anything I say. Like everything else the reality is few people actually think this through with an open mind, the majority of people simply tow the line for their "team".
Posted on 9/22/17 at 10:43 am to DisplacedBuckeye
quote:
Correct, which was also mostly useless.
I'll keep that in mind the next time you ask me to reach out to a colleague to help with your medical care.
Posted on 9/22/17 at 10:44 am to tjv305
quote:
If they really believed it would work then they would want this new health care bill by Graham/Cassidy to passed so they could have single payer in the states they run and show us how good it is .
The problem with that scenario is if it fails in a state it MAY not prove the potential failure of a national system.
The problem is the free movement between states. Unless (say NY) prevents only coverage for residents at the time of the law being enacted you would likely end up with a skewed pool. If NJ didn't have a prex provision, for example, you would possibly see many people move across the line into NY, so it could fail due to this sort of movement.
I think this is why Kennedy is against the ability for states to do single payer with their block grants. He is savvy enough to know if it works then the nation WILL move to single-payer. If it doesn't there are still many potential legitimate arguments that a state failure may not be indicative of a national failure.
Posted on 9/22/17 at 10:59 am to BamaAtl
quote:
I'll keep that in mind the next time you ask me to reach out to a colleague to help with your medical care.
That isn't what happened.
Also, that's completely fine. Like I said, it was a mistake.
Posted on 9/22/17 at 11:02 am to TitleistProV1X
Way too much without some serious revision to our understanding of what constitutes "healthcare."
Posted on 9/22/17 at 11:02 am to TitleistProV1X
Well, take your pick. Projections range from 1.3 trillion to 2.8 trillion a year for Sanders very vague and very broad starting legislation on single payer from last year. One that would cover everyone with no deductibles and basically encompass the entire administrative insurance process with no real attempt at cost controls.
The question of course becomes, what is the current price tag of our system? And the answer to that, at the roughly 18% of GDP, is 3.3 trillion.
Now, 64% of that 3.3 trillion is already paid for in taxes in this country. Between Medicaid, Medicare, the VA, children's health funds, and the ACA. The CBO tags this number at the federal level at 1.05 trillion dollars.
Which of course still leaves the money in taxes paid at the state level. Which amounts to 180 billion or so dollars on their end. Which brings our total up to around 1.2 trillion.
Of the 36% remaining, employer insurance takes up a big chunk. Which itself is propped up with a tax subsidy that means the government is taking in less revenue then it otherwise would by not charging employers and employees taxes on wage benefits. Economists have estimated this cost to be roughly 260 billion annually(on the low end of estimates).
The question of course becomes, what is the current price tag of our system? And the answer to that, at the roughly 18% of GDP, is 3.3 trillion.
Now, 64% of that 3.3 trillion is already paid for in taxes in this country. Between Medicaid, Medicare, the VA, children's health funds, and the ACA. The CBO tags this number at the federal level at 1.05 trillion dollars.
Which of course still leaves the money in taxes paid at the state level. Which amounts to 180 billion or so dollars on their end. Which brings our total up to around 1.2 trillion.
Of the 36% remaining, employer insurance takes up a big chunk. Which itself is propped up with a tax subsidy that means the government is taking in less revenue then it otherwise would by not charging employers and employees taxes on wage benefits. Economists have estimated this cost to be roughly 260 billion annually(on the low end of estimates).
This post was edited on 9/22/17 at 11:39 am
Posted on 9/22/17 at 11:08 am to NC_Tigah
quote:I know I post this chart a lot. But it’s useful for evaluating “will “the rich” pay for x.
Cost would run north of $2 trillion/year.
To pull another $2Trillion in revenue you’re going to either take 50% of every dollar of income down to -$75k. That is ON TOP of current tax rates. That means families making above -130k/yr will be facing -65% tax rate. What a bargain!!!
Posted on 9/22/17 at 11:10 am to CelticDog
quote:you think the same government that “negotiates” the F-35 will be lower cost of procurement for Healthcare?
Cost is the secret.
Profit.
You can’t be serious.
Posted on 9/22/17 at 11:11 am to bonhoeffer45
quote:
Projections range from 1.3 trillion to 2.8 trillion a year for Sanders very vague and very broad starting legislation on single payer from last year. One that would cover everyone with no deductibles and basically encompass the entire administrative insurance process with no real attempt at cost controls.
Cover everyone, no cost controls, no deductibles and reduce total healthcare costs for the country?
I love fairy tales like the next guy but damn.
Posted on 9/22/17 at 11:14 am to Taxing Authority
CelticProg also appears to think that the new version of whatever socialist medicine they come up with won't have to be "profitable". No investments will ever have to be made in the system at all in the future apparently. That's good to know I guess.
Posted on 9/22/17 at 11:16 am to BamaAtl
quote:
In sum, it would be about a wash.
I'm looking for specific numbers, not just someone to claim that it'll be a wash. I told you that I pay $500 per month. If I had to pay an extra 6% in taxes I would be paying a MUCH higher rate. How can you determine it as a wash. Seems like it would be a wash for the 50% of the population that doesn't pay any taxes.
Posted on 9/22/17 at 11:29 am to TitleistProV1X
quote:He can't.
How can you determine it as a wash
He can claim it would be a wash, because he has no problem lying about it.
Again, it's $2+trillion vs $1.6T in individual IT revenue. It's a spending program larger than the entirety of current federal income tax revenue.
So when you say "an extra 6% in taxes would be a MUCH higher rate," the real number is more likely an extra 106%. i.e., more than double your current payment.
This post was edited on 9/22/17 at 11:32 am
Posted on 9/22/17 at 11:33 am to roadGator
quote:
Cover everyone, no cost controls, no deductibles and reduce total healthcare costs for the country?
I love fairy tales like the next guy but damn.
Well that's not exactly what I said? Especially post edit.
America absolutely would need to find new revenue to pay for Sanders starter plan(a plan I will say, I am not on board with as is, but the OP is asking a question)
I attempted a rough addition of total federal and state spending, while incorporating the lost revenue of the employer tax credit(the lowest estimate in fact to be safe). Even doing that you would need to find new revenue streams. The overall spending on healthcare would theoretically still be lower, but to pay for it would require a restructuring and the raising of new revenue. Because a chunk of the current system is paid for outside of the government sphere. And what is inside does not cover total costs(at least not the upper estimates)
Now, why would it still come out cheaper by all analysis as a whole? Well, for one, just as an example, America spends more then any other country by a long shot on administrave functions. Hospitals alone spend 200 billion a year. That's not even counting insurance administration and other stakeholders in the game on the private side. Which is more the double any other country. In many cases much more then double. Under a unified system, that is drastically cut down. Government administration itself is also unified and cut down. Instead of 4 or 5 administrative bureaucracies federally, you have just one. Instead of 50 state administrations, you just have one home base.
Posted on 9/22/17 at 11:36 am to bonhoeffer45
quote:
Instead of 4 or 5 administrative bureaucracies federally, you have just one. Instead of 50 state administrations, you just have one home base.
You don't understand how bureaucracies work do you? You think those 4 or five existing ones would go away?
They'd expand in size and scope to "support" the gigantic new "FedGovHealth" bureaucracy that would then in turn expand in scope and size.
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