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300M people won't all use $10K of HC services a year. $10K is a typical Medicare, older patient and probably with chronic disease.
And that is $3T.
30 million americans BELOW THE AGE of 60 have diabeties......total annual cost 578 billion......with the annual average cost EACH at 18k to 25k
number of americans getting cancer (new cases) per year 1.9 million for a total of 25 million people being treated (fighting) each year...each year at least 570,000 die from cancer....the cost is over 250 billion annually. and expected to be 290 billion by 2020.....
number of americans in full pledged nursing homes: (NOT COVERED BY MEDICARE)
2.5 million...... the average cost Adult Day Health Care,.20,000 per year......
assisted living facility 45,000 per year....
nursing home (semi-private room),.85,000 per year.......
nursing home (private room),.96,000
number of americans in all levels of nursing homes and assisted living....over 12 million (Annually 12,595,100 people receive support from the 5 main long-term care service; home health agencies (5,942,500), nursing homes (2,683,700), hospices (1,744,500), residential care communities (1,113,300) and adult day service centers (393,200)...............ANNUAL total cost of long term care 690 billion annually...and going up every year
More than 27 million Americans have significant vision loss.((a total of 87 million Americans have potentially blinding eye diseases. )) (((hmmm more than 27 million americans are blind or going blind.....that's more than Norway, Finland, Denmark, Switzerland, and Austria COMBINED TOTAL population....)))......The ANNUAL cost of vision loss, including direct costs and lost productivity, is estimated to exceed $151 billion
number of americans with asthma: 27 million....Each day 11 Americans die from asthma.......annual costs 96 billion per year and increasing....
that's over 120 million people with serious health risks..while some may overlap..its still a good one third of the country
I guess under the Medicare for all plan the total FICA tax would from 15% to 26%.
The employees share would go to 11.65% and the employers share would go to 14.65%.
The additional taxes would raise 700 billion dollars per year.
Wait? Are you quoting "fake news" cites? Say it is no so. If you do this time then you have to back their veracity before and after this time. Or have a damn reason not to. I've read enuff or your posts to claim fake news. Now you are citing them as not fake news. You turn to explain the sudden change o religion.
what is even more interesting is what the predicted outlays will be in the future
in 2016 medicare was 691 billion
prediction for 2020....963 billion prediction for 2026....1.383 Trillion
actual Medicaid 2016.....368 billion
prediction for 2020....450 billion prediction for 2026....616 Billion
again
if the estimate for FY2026 is 1.3 trillion to PARTIALLY cover 44 million with medicare AND if the estimate for FY2026 is 2/3 trillion to PARTIALLY cover about 40 million with medicaid ...what do YOU THINK the cost would be for 325 million people?????
so let's see...OUR OWN GOVERNMENTs estimate is 2 trillion to cover 85ish million people....yes they are the most expensive bunch...so let's cut that in half...still 255 million left...at 1 trillion per 80...that's still another 3.17 trillion...so the cost would be about 5 trillion
...what do YOU THINK the cost would be for 340 million people?????
Last edited by workingclasshero; 10-09-2017 at 12:01 AM..
Hell no, Because that means no Medicare or Medicaid. F that!
Hell no! That means people would have to get educations or learn a trade and get a good paying job verses everyone else paying for mama's 5 kids to different baby daddy's! I had it up to my eyeballs with lazy asses. We have duty to help mentally and physically challenged people. I should have NO obligation to pay for someone that drops kids like rain drops because she can't keep her legs together.
Medicaid reimburses below Medicare in vast majority of states.
It costs more than $10,000 per year for the average person on Medicare but they shift the losses onto commercial insurance.
If they reimbursed at cost they would spend more per person, but the federal government shifts the costs onto commercial insurance providers which is a tax on employers and employees.
From articles I have read both Medicare and Medicaid tend to pay below cost, so it made when they negotiate with the commercial insurance providers.
I am all for Medicare and Medicaid but Medicare should reimburse at cost and states need to pay more of the costs of Medicaid rather then 90%+ for ACA elgibles, there is no reason they can't do traditional match and let the states raise taxes accordingly.
I guess under the Medicare for all plan the total FICA tax would from 15% to 26%.
The employees share would go to 11.65% and the employers share would go to 14.65%.
The additional taxes would raise 700 billion dollars per year.
So, for someone making $50K, it would mean an additional $2000 in taxes, while not paying for health care costs, which are claimed to be $10K per person. That's $8 000 in savings.
Ok well they will just have to fire 20% of their staff to afford it. All business owners are not raking in massive amounts of cash. The ignorance of the far left.
Why would they have to fire people? Currently they pay for their employees health insurance, which is actually much more than the new tax would be. It would save them money, not cost more.
In a 2016 report on his presidential campaign's "Medicare for All" plan, the Urban Institute (left wing think tank) estimated that the plan would cost $32 trillion over 10 years, or 3.2 trillion per year (with costs going up with inflation every year)
Most of which is already being collected through our current tax system.
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Quote:
Originally Posted by Crossfire600
Hell no! That means people would have to get educations or learn a trade and get a good paying job verses everyone else paying for mama's 5 kids to different baby daddy's! I had it up to my eyeballs with lazy asses. We have duty to help mentally and physically challenged people. I should have NO obligation to pay for someone that drops kids like rain drops because she can't keep her legs together.
Medicare only covers seniors, and a lot of seniors use Medicaid in addition (to pay for nursing homes). What do you have against senior citizens, or do you think they should magically have saved millions of dollars by retirement?
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