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this post was submitted on 30 Jun 2024
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politics
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By having free healthcare for all you actually save money if basically no other change is made.
People will go to the dr whenever they first start feeling ill instead of putting off until it gets so bad that it now costs 10x what it would have to catch early as well as the reduced economic potential in workers being unable to due to recovery or worse.
It will also save money by reducing er costs from above by the jobless, homeless and addicts only going at the same points but they have even higher rates of hospitalization and severity so we save a ton more there.
You cut out the middlemen on all negotiated services and products, will save manpower and labor by everything being standardized universally with one system.
Eliminating all of the inefficiencies that insurance causes will reduce the cost of healthcare.
Also, no one is trying to make private insurance illegal, look at all the different Medicare programs they already allow.
https://www.cbo.gov/system/files/2022-02/57637-Single-Payer-Systems.pdf
Sounds like we pay by having a loss of GDP measured between 1% to 10%. That's rather substantial.
CBO is the non-partisan accountants of the US Senate/House. They are our best estimate on the true costs of various programs.
Your arguing that workers who would have the option under single payer healthcare to work less is a bad thing? Jesus christ dude.
Go look up GDH.
That's cool and all, but GDP is related to.... You guessed it. Inflation.
I recognize that Republicans overemphasized GDP but it's a chief metric for a reason. If our top line GDP drops it will absolutely be a problem.
If you want to bring up easy inflation gremlins into your argument, be my guest. But inflation is already a weak point for Democrats and I expect y'all to get hammered on it even harder moving forward.