Koch Backed Medicare For All Study

The Koch brothers funded a study to determine the cost that a Sanders style Medicare for all system would cost the US and came to a whopping $32.6 Trillion over 10 years.

Quote:

Research by the Mercatus Center at George Mason University — a libertarian think tank backed by the Koch brothers — projected that the Medicare for All plan championed by Sen. Bernie Sanders (I-VT) would cost the government $32.6 trillion over 10 years. The highly critical report found that even doubling all federal individual and corporate income taxes would not cover the costs of Sanders’ Medicare for All plan.

Well there we go. The debate is over. How could we ever afford such a plan?

Quote:

When we talk about a Medicare for All system, it’s important to discuss the costs in the context of what the U.S. already spends on health care. As of 2016, national health expenditures — which includes federal spending, state Medicaid programs, and private employer health care spending — totaled $3.3 trillion per year, according to the Centers for Medicare and Medicaid Services. That means that over the next decade, the U.S. is projected to spend more than $33 trillion, plus inflation, on health care services without any changes to our current health care system, significantly more than Mercatus’s estimated $32.6 trillion cost to the federal government over the next ten years.

Oh... so we're already going to spend more than that with our current system without covering all the people who can't currently afford health insurance.

Well... even so... I'd rather shoot myself in the foot and ultimately pay more to cover less people if it means those undeserving freeloaders don't get healthcare.

https://thinkprogress.org/mercatis-m...-0a8681353316/

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