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Comment by stavros

16 days ago

Will it be a huge increase in spending? Isn't it estimated to reduce costs by a lot?

Yes, the resistance is because the private sector will lose a lot of (parasitic) jobs. It's a non-starter to attempt to reduce health insurance companies power, because it would gut their employee numbers.

It's an unsavory thought, but the US has a significant amount of people employed in the business of denying healthcare to other people, which amounts to hundreds of thousands of jobs.

Any politician attempting to fix this would be committing political suicide.

I think they mean it's an increase in government spending, which would of course be true even if overall healthcare overhead spending is reduced.

We do not have an established history of accurately predicting or managing the costs of overwhelmingly expensive government programs, at least here in the US.

  • The US already runs two government healthcare programs. There are 65 million people in Medicare and 83 million in Medicaid. For less money per patient than private insurance.