Lefty darling Alexandria Ocasio-Cortez loves it, as does Sen. Bernie Sanders (I-VT). It’s health care for all people. Single-payer is a core tenet of left wing Democrats. It’s sounds great on paper. It resonates with brain-dead Millennials who don’t know their a** from their elbow. And it’s ruinously expensive. The cost is the same as it ever was at $30+ trillion (via AP):
Sen. Bernie Sanders’ “Medicare for all” plan would increase government health care spending 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.
Responding to the study, Sanders took aim at the Mercatus Center, which receives funding from the conservative Koch brothers. Koch Industries CEO Charles Koch is on the center’s board.
Sanders’ office has not done a cost analysis, a spokesman said. However, the Mercatus estimates are within the range of other cost projections for Sanders’ 2016 plan.
It’s not just Mercatus. Even The Washington Post noted that single-payer is absurdly expensive. They were commenting on California’s push for a single-payer system, which was a massive $400 billion effort that included zero mechanisms within the legislation for how it would be funded. California Assembly Democrats balked, and oh how the hate was hurled at them for that last year. Colorado voters also sunk a universal health care initiative. The Post even noted in 2016, how Sanders’ plan could be a disaster for the working poor. Yet, Democrats seem to be looking at the bigger picture regarding socialized medicine, but when voters are told that their employee-based health care plans would be cannibalized in the transition to a single-payer system, support drops…tremendously :
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