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Taxes WOULD GO UP and PREMIUMS WOULD DISAPPEAR. And a side effect would be everyone is covered and pay into it when purchases are made.
But for the record, you're just saying 500,000 people can go kick rocks?
For the record do you believe health insurance is or isn't a scam?
originally posted by: Xcalibur254
a reply to: avgguy
And who pays for the research? The company developing the drug/equipment. The same company selling the product. So why would they sell it for less to one market and more to another?
But as Matt Bruenig of the People's Policy Project notes—though absent or buried in much of the initial reporting—even the Koch brothers' numbers, which Sanders says are vastly inflated, demonstrate that the "U.S. could insure 30 million more Americans and virtually eliminate out-of-pocket healthcare expenses" while saving "a whopping $2 trillion" in the process.*
"At first glance, it is strange that the Mercatus center...would publish a report this positive about Medicare for All," writes Bruenig.
"The claim that 'even the Koch organizations say it will save money while covering everyone' provides a useful bit of rhetoric for proponents of the policy," he adds. "But the real game here for Mercatus is to bury the money-saving finding in the report's tables while headlining the incomprehensibly large $32.6 trillion number in order to trick dim reporters into splashing that number everywhere and freaking out."
originally posted by: Xcalibur254
a reply to: CriticalStinker
Let's do a thought experiment. Let's say you go to withdraw some money from the bank but the bank denies your withdrawal request. Then let's say they take that money you were denied, pocket it, and count it as profit. Would you consider that a scam?
Insurance companies take money from people with the expectation that they'll have access to that money when they need it. At the same time insurance companies only make a profit when they're able to deny people access to that money. There's literally nothing else to their business model. What part of that isn't a scam?