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Old Today, 03:15 PM
 
Location: Seattle
905 posts, read 199,073 times
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There's enough money in the US health care system right now to pay for medicare-for-all nearly twice over. We spent $3.65 trillion in 2018: $11,000 for every person in the country. We have the most cost-inefficient health care system in the world. Compare to Canada which spent $253 billion last year, for $6,839 per person. It's a ludicrous state of affairs.
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Old Today, 03:17 PM
 
1,832 posts, read 1,001,363 times
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Quote:
Originally Posted by InformedConsent View Post
No, they don't. Medicaid (public assistance health care for the poor) spending is $630 billion/year and climbing, and a highly disproportionate amount of that is paid for by the top 1%. How do we know? By comparing share of income to share of federal income tax revenue paid.

Top 1% households earned 19.72% of the income, but paid 37.32% of the federal income tax revenue.

Households with an income between $40,078 and $139,713 (and middle class goes well beyond a $140,000 income) earned 41.85% of the income, but only paid 27.49% of the federal income tax revenue.

So, the middle class isn't even close to paying their fair share, they're contributing LESS than they take in federal government benefits and services, while the top 1% is paying nearly TWICE their fair share.
Lol, suddenly out of the blue switching to Medicaid now? Why, remember we were talking about private insurance vs Medicare.


Oh, and btw, the middle class does not use Medicaid, so quite irrelevant comment, as usual.


And, yes, the marginal income tax rates increase with the income, not sure what's your point there either.
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Old Today, 03:28 PM
 
66,764 posts, read 30,489,232 times
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Quote:
Originally Posted by rjshae View Post
There's enough money in the US health care system right now to pay for medicare-for-all nearly twice over. We spent $3.65 trillion in 2018: $11,000 for every person in the country. We have the most cost-inefficient health care system in the world. Compare to Canada which spent $253 billion last year, for $6,839 per person. It's a ludicrous state of affairs.
Canadian health care doesn't cover everything. 75% of Canadians buy or earn (employment benefit) supplemental private health insurance to cover what Canadian health care doesn't.
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Old Today, 03:30 PM
 
66,764 posts, read 30,489,232 times
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Quote:
Originally Posted by serger View Post
Lol, suddenly out of the blue switching to Medicaid now? Why?
Because Medicaid is included in total US health care costs. The middle class isn't pulling their weight in contributing to paying for the cost of Medicaid.

Last edited by InformedConsent; Today at 03:41 PM..
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Old Today, 03:51 PM
 
Location: Seattle
905 posts, read 199,073 times
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Quote:
Originally Posted by InformedConsent View Post
Canadian health care doesn't cover everything. 75% of Canadians buy or earn (employment benefit) supplemental private health insurance to cover what Canadian health care doesn't.
I listed the average total payment, so it's still 36% cheaper for Canada to supply their population's health care.
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Old Today, 03:54 PM
 
66,764 posts, read 30,489,232 times
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Quote:
Originally Posted by rjshae View Post
I listed the average total payment, so it's still 36% cheaper for Canada to supply their population's health care.
The point is that Canada doesn't pay for all of it. 75% of Canadians have supplemental private health insurance.
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Old Today, 03:55 PM
 
1,832 posts, read 1,001,363 times
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Quote:
Originally Posted by InformedConsent View Post
Because Medicaid is included in total US health care costs. The middle class isn't pulling their weight in contributing to paying for the cost of Medicaid.


Your original claim was that medicare for all type of plan will shift more of the HC cost towards the middle class. That claim was incorrect for the reasons mentioned. The end.


And if medicaid is your actual gripe, than you should be very happy with the switch to medicare-for-all type of coverage.
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Old Today, 04:01 PM
 
1,832 posts, read 1,001,363 times
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Quote:
Originally Posted by InformedConsent View Post
Canadian health care doesn't cover everything. 75% of Canadians buy or earn (employment benefit) supplemental private health insurance to cover what Canadian health care doesn't.
So? The grand totals (all sources of payment) per capita are being compared.
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Old Today, 04:11 PM
 
66,764 posts, read 30,489,232 times
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Quote:
Originally Posted by serger View Post
Your original claim was that medicare for all type of plan will shift more of the HC cost towards the middle class.
It will. There's no other way to pay for it, as I've explained many times.
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Old Today, 04:13 PM
 
66,764 posts, read 30,489,232 times
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Quote:
Originally Posted by serger View Post
So? The grand totals (all sources of payment) per capita are being compared.
Why doesn't Canada pay for it? Why must 75% of Canadians buy or earn supplemental private health insurance to pay for their health care while ALSO being taxed for it?
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