Senator Bernie Sanders (I, VT) is beating that drum, again, and has support from some Progressive-Democratic Party Senators.
The health proposal, dubbed Medicare for all, would offer the same suite of medical benefits required for some insurance plans under the Affordable Care Act and eliminate most out-of-pocket costs. Mr Sanders argues that although taxes would likely rise to support the new system, families would save money by no longer needing to purchase health coverage. The government, he says, could also secure lower prices for medical services.
Of course it has the same stuff as Obamacare—it’s the planned evolution of Obamacare into a Federally mandated single-payer system. Because Government Knows Better, especially one run by Progressive-Democrats and their Social Democrat crony.
“Taxes would likely rise”—yewbetcha, to the tune of an additional $24,000 per family. Whether we want that “benefit” or not. Families can save money by not having actually to purchase coverage? That’s rich: what do these guys think those 24 stacks are, if not coverage purchase costs inflicted on us whether we want or need coverage or not? Aside from that, lots of folks, my family included, don’t use health care services very much; we don’t need coverage against costs we don’t incur. That’s for one geezer family. Those 24 stacks represent no net savings for us at all. The young families also are healthy, don’t use health care services very much, and so have no need of health coverage. And as they’re just starting their lives, they don’t have those 24 stacks to begin with.
Government can get lower prices? That’s, um, rich. Just like it (doesn’t) get lower prices on so many other “services” it provides, what with requiring contractors to pay prevailing union labor wages, whether the contractors employ union workers or not.
[P]rivate insurers wouldn’t be permitted to compete with the government plan for basic coverage….
This, I suppose, is one way in which Sanders’ government would get lower prices—competition raises prices, after all, in his and his Progressive-Democrat cronies’ fetid imaginations.
The 96-page bill offers no mechanisms to pay for the plan….
Of course not. Money grows on trees. Or, as I speculate Sanders will tout in his promised for “tomorrow” white paper on funding, money is in the bottomless wallets of the rich.