10-23-2020, 10:47 AM
(10-22-2020, 11:27 PM)TheLeonardLeap Wrote: Thanks, I was. In that case...
Isn't there a pretty big cost attached to Medicare for everyone? Looked it up and saw 58 million people were covered in 2017 and it cost $706b.. if you figure x6 for the whole population, that's roughly $4.24tr dollars a year assuming there isn't increased cost/waste with the increased size of the system. That's... a significant amount.
Also I am always hesitant for a solution that includes people paying into something that they don't want/need. Would there be the ability to opt out if you want?
Anything that requires people to pay into something they may not want in order for everyone else to get something always seems an awful lot like a pyramid scheme (*cough*Social Security*cough*) or at least exploitative. Doubly so if you're young and healthy.
The problem is that people who claim they don't need health insurance end up getting taken care of by everyone else when they get sick. Dying people with no insurance still get treated at emergency rooms and paying customers absorb the cost when hospitals write off the loss.
And most people who claim Social Security is a pyramid scheme don't have disability insurance or enough money to live on or provide for their children if they were to become disabled at a young age. How much disability insurance coverage do you have right now?
