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"He added that a family currently paying $20,000 for private insurance – in premiums and out-of-pocket expenses – would see that obligation eliminated. Instead, taxes would increase by $10,000.
“Is that a good deal? I think it’s a pretty good deal,” he said."
Sanders has the family paying $10K more in taxes, but also not needing to spend the $20K OOP for HC.
Isn't that a $10K gain for the family?
I wouldn't trust Sanders to accurately tell me what my cable bill will be much less my healthcare.
Just an FYI... The ten most profitable industries, by sector, and their net profit margins:
1. Accounting, Tax Preparation, Bookkeeping, and Payroll Services 19.8%
2. Legal Services 17.8%
3. Oil and Gas Extraction 16.4%
4. Commercial and Industrial Machinery and Equipment Rental and Leasing 16.4%
5. Offices of Dentists 14.9%
6. Lessors of Real Estate 14.1%
7. Offices of Physicians 14.1%
8. Offices of Real Estate Agents and Brokers 14.1%
9. Offices of other Health Practitioners 12.6%
10. Management of Companies and Enterprises 12.6%
Note that insurance companies do not even make the top 15.
Note that Dentists have higher profit margins than Physicians, according to the link.
Dentistry prices have little to do with insurance reimbursements. Employers who offer a dental benefit typically self insure and pay an insurer to manage the benefit according to the highly variable employer’s plan.
Now let’s talk canine dental care, shall we. I spent $1500 last month to have one of my dog’s teeth cleaned and the extraction of 11 teeth. ( Dogs have 42 teeth).
And lastly, there’s cosmetic surgery. This is one of the best compensated/ most lucrative medical specialties. Most procedures are cosmetic and as a result, uninsured. Can’t blame government or insurance.
Note that Dentists have higher profit margins than Physicians, according to the link.
Dentistry prices have little to do with insurance reimbursements. Employers who offer a dental benefit typically self insure and pay an insurer to manage the benefit according to the highly variable employer’s plan.
Now let’s talk canine dental care, shall we. I spent $1500 last month to have one of my dog’s teeth cleaned and the extraction of 11 teeth. ( Dogs have 42 teeth).
And lastly, there’s cosmetic surgery. This is one of the best compensated/ most lucrative medical specialties. Most procedures are cosmetic and as a result, uninsured. Can’t blame government or insurance.
What's interesting to me is that neither insurance companies nor hospitals nor pharmaceutical companies made the top 15 most profitable list, only OFFICES of dentists, physicians, and other health practitioners did. Perhaps that's where cost-cutting efforts need to focus.
Note that Dentists have higher profit margins than Physicians, according to the link.
Dentistry prices have little to do with insurance reimbursements. Employers who offer a dental benefit typically self insure and pay an insurer to manage the benefit according to the highly variable employer’s plan.
Now let’s talk canine dental care, shall we. I spent $1500 last month to have one of my dog’s teeth cleaned and the extraction of 11 teeth. ( Dogs have 42 teeth).
And lastly, there’s cosmetic surgery. This is one of the best compensated/ most lucrative medical specialties. Most procedures are cosmetic and as a result, uninsured. Can’t blame government or insurance.
you are correct that health care, especially in specialties such as dental, vet, and cosmetic are expensive
and M4A will not cover those...not ever....medicare doesn't even cover nursing homes for the elderly
medicare has many denials of service...as will M4A.... to include..."sorry we wont cover the better medicine of Nexium, but we will cover the more basic Prilosec for your severe heartburn/acid reflux"..."we don't care that you have Barrett's esophagus (severe burning and scaring of the esophagas)".....Tri-care just recently did that,,,and Tri-care is government care
That will be much harder for companies when workers no longer are chained to the employer for health care. M4A boosts workers' power. If the employer currently pays $10 000 in insurance premiums and they instead have to pay $10 000 in M4A payroll taxes, you cant argue that workers will lose $10 000. If the M4A employer payroll tax is lower, its also likely that the employee portion would be lower than what the employee pays now in premiums, co-pays and deductibles. The evidence is overwhelming that a national health care system is good for ordinary people. Thats why every developed country has it.
While the terms are often used interchangeably, Universal HC is not National HC
At least 32 countries have Universal HC which means nearly everyone is COVERED by insurance, public or private or a combo.
Most countries with Universal Healthcare do not operate under a National HC model.
What happens with the elderly who "earned" their way to a $140 monthly premium (or something like that) by paying into Medicare for 40+ years? These are people who were banking on an affordable premium in their low, fixed-income years.
For example, let's say a new retiree has an income of $3,000 - $4,000 a month, before taxes. Factored into the decision to retire was the low monthly premium once he moved from Obamare ($900 a month) to Medicare ($140ish, plus a supplement of around $150). Raising the cost to $1000/month on retirees and near-retirees when they are no longer able to increase their income can spell financial disaster.
Why speculate those enrolled in traditional Medicare would be expected to pay into a Medicare for All scheme?
Why assume Congress will go along with a Medicare for All scheme, no matter who is elected?
it was the government that did that, with the AMA and the hospital association
costs will never go down until we sever the hospital model...most of these other countries that have national health, left the hospital model for the clinic model
Labor shortages following WW2 compelled many employers to offer a hospitalization benefit.
I hear you about the hospital vs poly clinic thing. Makes no sense most births occur in hospitals that tend to be prepared for any trauma or infectious disease.
Having said this, rural healthcare is a global challenge, regardless of public or private insurance.
IMO if Trump returns in 2020 above all he will want a famous lasting legacy. How better but to rename our HC system after him and erase Obama? Trump is no Pub or conservative. A lame duck Trump might put a totally new reality TV show!
Congress is far more likely to reform the ACA than it will embrace any Medicare for All scheme.
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I spent $1500 last month to have one of my dog’s teeth cleaned and the extraction of 11 teeth. ( Dogs have 42 teeth). 
