One hardly expects, in the course of normal politics, to see Sen. Bernie Sanders (I-Vt.) thanking the billionaire brothers Charles and David Koch. And yet here we are. "Thank you, Koch brothers," his Monday night tweet began, "for accidentally making the case for Medicare for All!"
Bernie Sanders’s “Medicare for all” proposal is receiving new scrutiny because of an estimate released this week by economist Chuck Blahous of the right-leaning Mercatus Center. Blahous projects that the plan would cost the government $32.6 trillion over 10 years but also reduce the country’s overall level of health expenditures by $2 trillion.
Sen. Bernie Sanders' "Medicare for all" plan would increase government health care spending by $32.6 trillion over 10 years, according to a study by a university-based libertarian policy center. That's trillion with a "T."
[Subscription Required] Why is paying for health care such a mess in America? Why is it so hard to fix? Cross-subsidies are the original sin. The government wants to subsidize health care for poor people, chronically sick people, and people who have money but choose to spend less of it on health care than officials find sufficient.
Recent analysis indicates that Medicare finances are worsening and will become insolvent in 2026, while any attempts to reform and save it are met with accusations of hating the poor and hurting the most vulnerable. In trying to roll back onerous Obamacare requirements, think tank analysts say it will “hurt [the] most vulnerable citizens.” The Southern Poverty Law Center posits that immigration reform will hurt “the most vulnerable.”
The Working Group on Health Care Policy devises public policies that enable more Americans to get better value for their health care dollar and foster appropriate innovations that will extend and improve life.