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We’ve all known that Bernie Sanders has never met a socialist program he doesn’t like. Heck, every platform he has espoused, whether as a candidate in Vermont or running as President, has its roots in his love of socialism. According to Bernie, the government knows all, is all, and should be in charge of everything! This includes healthcare, or in this case, Medicare.
However, Bernie’s grandiose Senate bill, Medicare for All Act or M4A (cute) has some serious problems.
Sen. Bernie Sanders‘ “Medicare for all” plan would increase government health carespending by $32.6 trillion over 10 years,according to a study by a university-based libertarian policy center.
That’s trillion with a “T.”
The latest plan from the Vermont independent would require historic tax increases as government replaces what employers and consumers now pay for health care, according to the analysis being released Monday by the Mercatus Center at George Mason University in Virginia. It would deliver significant savings on administration and drug costs, but increased demand for care would drive up spending, the analysis found. [Emphasis Added]
That’s a LOT of greenbacks, folks. This morning, Mercatus announced their findings after studying the Senate bill and concluded that this socialistic behemoth would crush healthcare and cost the taxpayers everything.
M4A would markedly increase the demand for healthcare services while simultaneously cutting payments to providers by more than 40 percent, reducing payments to levels that are lower on average than providers’ current costs of providing care. It cannot be known how much providers will react to these losses by reducing the availability of existing health services, the quality of such services, or both.
Considering that we are ALREADY seeing reductions in available healthcare services around the country, it’s a likely bet that if this piece of crap ever passes, we’ll see even more reductions in healthcare availability and affordability.
“Enacting something like ‘Medicare for all’ would be a transformative change in the size of the federal government,” Blahous, who was a senior economic adviser to former President George W. Bush and a public trustee of Social Security and Medicare during the Obama administration, said.
Blahous’ study also found that “a doubling of all currently projected federal individual and corporate income tax collections would be insufficient to finance the added federal costs of the plan.”
Of course, Bernie is ticked off that someone, who happened to have worked in the Obama Administration, DARE question his grand plan! So who does he blame? The eeeeevil Koch Brothers, of course. Bernie claims that the Mercatus report is misleading and the Koch brothers are out to get him. Problem is, there is a plethora of evidence out there from other studies that Bernie’s little healthcare experiment has an insane price tag attached.
Here’s the stupidly funny thing about Bernie’s misplaced anger:
Best part about AP Report on cost of Bernie Sanders Medicare For All planhttps://t.co/lPgoHiN6mV pic.twitter.com/LZyADla6ZF
— Stephen Miller (@redsteeze) July 30, 2018
Did you catch that? It seems that Bernie and his staff have never, ever, done a cost analysis on their socialist healthcare dream machine. So to blame the Koch’s for something Bernie didn’t even bother to do is knee slapping funny.
Given this hefty price tag, who is going to pay for all this healthcare? Let’s ask Bernie’s pal, Alexandria, shall we?
Oh, that’s right! It takes moral courage to put together a plan that taxes us Deplorables and the rich, mean billionaires so we can all have “free” healthcare! That’s the problem with socialism, folks. As Marta pointed out the other day, no one promoting or applauding socialism has any understanding of economics.
Uh oh. So, if all the billionaires won’t be able to fund it for one year, where is all the money going to come from? MOAR TAXES!! Which leads to MOAR DEBT!!
But, Koch Brothers!!
Koch-funded libertarian think tank study trashes @SenSanders health care plan. This is news? Why is @AP reporting this so credulously?https://t.co/0Ot499TS4y
— Kirsten Powers (@KirstenPowers) July 30, 2018
Gee, Kirsten, I dunno. Maybe because other think tanks have reported the same thing?
Because it came to the exact same conclusion as the Urban Institute’s study, and because “the Kochs!” isn’t a serious argument: https://t.co/UsO7NzW4bT https://t.co/e91HEQea6G
— Charles C. W. Cooke (@charlescwcooke) July 30, 2018
Of course, Bernie and crew are touting that this socialistic government run healthcare plan will SAVE MONEY! Yeah, no. No, it won’t. You see, the studies by Mercatus and Urban Institute found that the cost of M4A—$32.6 TRILLION mind you—is the cost of healthcare AFTER any savings have been realized.
Bernie’s socialistic healthcare plan comes with a hefty price tag. One that none of us can afford. Not even Three Houses Bernie.
Bernie’s plan will save money over time. Once all the doctors decide to stop working for nothing and there are no more doctors to see then the cost of healthcare will approach zero!
True that Robin. My brother owned a physical therapy Practice in California. About three years ago he had to lay off half of his staff of Pts because Medicare/Medical reimbursements were so low it actually cost him money to treat them which he did because he is a compassionate man. They constituted around half his client load. He was eventually forced to quit accepting them as patients. He later sold his practice to a larger group and works for them. He is much happier and less stressed out. He considered leaving the medical arts for a while. Glad he didn’t as he is a fine physician who enjoys a great rapore with his patients.
Socialism: solving problems in a manner reminiscent of an Underpants Gnome:
1> Spend lots of Other People’s Money.
2> ????????
3> UTOPIA!
Can’t imagine why this is a surprise. Everywhere else Single Payer is done care is rationed by availability…that’s how they keep costs down.
As an employer who pays the actual premiums, my crude estimate would be $1000 per month per person for “full” coverage, so $3-4T per year is reasonable. If docs left because reimbursement were too low, the medicare rates would simply increase.
At $3-4 trillion, tax revenue would have to rise by 50% less current medicare outlays. The reality is that if that number doesn’t work, you just lower to whatever you want. Cut it in half. No problem. Just cut the supply of medical care by half. Let’s see how that plays.
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