Talk of The Villages Florida - View Single Post - Why Single-Payer Health Care Saves Money
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Old 07-11-2017, 11:46 AM
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At what cost? $12,000 a year PER citizen? That's $3,960,000,000,000...where do we come up with $4 trillion for healthcare alone? It takes over $1,000 a month for over 80 years to add up to the average $1,000,000 in healthcare used by the average person in a lifetime.

"The difference, however, between the No. 1 spender, the United States, and the No. 10 spender, Canada, is quite large. Canada spent 10.2% of its GDP on health care in 2013, which amounted to $4,351 per person, while the United States spent 16.4% of its GDP that year, amounting to $8,713 per person.Nov 14, 2015"

"According to CMS (here) our National Healthcare Expenditure (NHE) is projected to hit $3.207 trillion this year. The U.S. Population is currently hovering at around 320 million, so 2015 looks to be the first year healthcare spending will reach $10,000 per person.Jan 4, 2015"

$10,345 per person: U.S. health care spending reaches new peak | PBS NewsHour
First of all, you quote RETAIL (because medical care right now is a for-profit business)

The actual COST of medical care can be compared with a very close neighbor which has a similar social civilization: Canada. The COST per person is estimated at an average of $4500/person. That is because the "socialized" medical system has used its group power to negotiate prices for things like prescription drugs (which is illegal for Medicare to do presently) and by standardizing the cost of tests and procedures.(i.e.: MRI of abdomen costs over $10,000 in some hospitals, and less than $3000 in others)

Currently I pay $1180/month for my medical insurance premiums. That is over $14,000/year. Under the plan that Bernie proposed, my cost per year would be about $6,000 per year through taxation. That is a savings of $8,000 per year (give or take). So, this is an economic issue, not a partisan issue.

Which would you want to pay?