Medicare costs $455 billion for 46 million retirees.

[Wyldgusechaz]

If we put that into premiums, thats $10000 per enrollee. Its also about $1400 or so per man woman and child in America.

Lets say we can find 20% savings thru efficiency. (Not possible but lets dream.) Without dramatic limitations in coverage, a public option will cost a family of 4 about $5000.



Where are they going to get the money for that?

Lets think "death panels."

 

[Zeuhl34]

Lets think "death panels."

No, let's not. That's simply crazy talk.

 

[TurkeyWithaSunburn]

Let's save $455 billion and just stop medicare and then we will have about 85million people without insurance. That won't ever happen because who votes consistently more than the average population? the 65+ crowd. They have what they want WITH presciption drug benefits I might add! What about the 40million (or roundabouts) that don't have any health insurance?

 

[D_Josephus Mortarforker]

Amercian citizen's Don't need healthcare at all , they are all healthy , if there is any shortage of Humans. just Import No maintenance Humans from INDIA it's lot cheaper .

USA is the largest Human importer in the World ..so it it can run without providing health care to white americans ..( ha ha just import 50,000 thousand immigrants from INDIA)

 

[D_Mansworthy Meatwrench III]

My lord.....Lille is AWESOME!

I have to start using that one around here.....

And we don't need to pay transportation costs for them, Lille, we have a country right south of us that sends them for free all the time.

 

[JTalbain]

Lets say we can find 20% savings thru efficiency. (Not possible but lets dream.)

Why would this be so out of the question? One of the things being pushed for is portability, so people can shop across state lines for insurance. Wouldn't a company being allowed to take advantage of the economies of scale for having the entire country be their market see a significant decrease in cost?

Where are they going to get the money for that?

Well, currently the war in the Middle East is costing us about 12-16 billion dollars a month, or 144-192 billion dollars a year. The $455 billion is distributed over a few years. When we end the spending in the Middle East, the money we save will more than pay for this.

 

[Wyldgusechaz]

Why would this be so out of the question? One of the things being pushed for is portability, so people can shop across state lines for insurance. Wouldn't a company being allowed to take advantage of the economies of scale for having the entire country be their market see a significant decrease in cost?


Well, currently the war in the Middle East is costing us about 12-16 billion dollars a month, or 144-192 billion dollars a year. The $455 billion is distributed over a few years. When we end the spending in the Middle East, the money we save will more than pay for this.

The $455 billion is a yearly cost, it is NOT spread over a few years. I am not surprised that you are ignorant of what things cost. Ending the war might help but a lot of that money actually goes to people as salary. That would be gone. Most here act like it just gets burned like firewood.

My numbers are precise. They always are. I factored in a 20% savings. Where is a family of 4 going to get the $5000 needed to pay for their insurance and please be accurate and sensible or don't play.

The fiscal budget for Medicare/medicaid is $682 billion. Look it up.