General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNew Study Shows Medicare for All Would Save US $5.1 Trillion Over Ten Years
https://truthout.org/articles/new-study-shows-medicare-for-all-would-save-us-5-1-trillion-over-ten-years/The most significant sources of savings from Medicare for All, the researchers found, would come in the areas of pharmaceutical drug costs and administration.
In a statement, Pollin said his research makes abundantly clear that the moral imperative of guaranteeing decent healthcare for all does not at all conflict with the goal of providing cost-effective care.
The most fundamental goals of Medicare for All are to significantly improve healthcare outcomes for everyone living in the United States while also establishing effective cost controls throughout the healthcare system, Pollin said. These two purposes are both achievable.
As Michael Lighty, a Sanders Institute fellow former director of public policy for National Nurses United, put it during the Gathering on Friday, We really can get more and pay less.
The official roll-out of PERIs analysis came on the heels of a panel discussion of the moral urgency of Medicare for All, particularly during a time when tens of millions of Americans are uninsured, life expectancy is declining, and thousands of families are bankrupted by soaring medical costs each year.
Far from being an unaffordable pipe dream, Columbia University professor Jeffrey Sachswho introduced the panel at The Sanders Institute Gathering on Fridayargued that the PERI study shows Medicare for All offers a proven and wholly workable way forward.
Glamrock
(11,803 posts)That's SOCIALISM! The horror!
Hermit-The-Prog
(33,574 posts)The people who rail against socialized health care don't seem to have an objection to socialized national defense, even though both are designed to protect the same group.
KWR65
(1,098 posts)Taxes, premiums, deductibles and co-pays will pay for it. It will cost an employer $5 per hour for a maximum of 40 hours per week to pay for it. That is cheaper then what they are paying now for health care for employees and their families. We need to sell to the corporations that they will be saving money by letting the government provide health care insurance. No more surprise $1M bills for businesses in America or for the citizens of the US.
Glamrock
(11,803 posts)But that's still the argument out there.
walkingman
(7,706 posts)GulfCoast66
(11,949 posts)That, yeah, you will lose that, but we got something Better!! Trust us!!!
It is an electoral loser.
But if we use the ACA, which is now popular, as a vehicle to achieve Universal Coverage we can get Where we all want to be.
And notice how these articles talk about savings and sociatial cost but NEVER talk about the cost of government outlays for Medicare for all.
My company provides healthcare to over 70,000 people in Florida. Good healthcare since the ACA mandates. Those people arent voting for someone promising something better. Bird in the bush argument.
ooky
(8,936 posts)How we as a party propose it and then roll it out is going to be critical to getting the votes we need to make it reality.
ismnotwasm
(42,028 posts)Right now Medicare is admistered through private insurance companies. Will the government take over administration, or continue to use these companies? We will go from what, 59 million people on Medicare to 346 million. How will this be achieved? Do we have enough providers? ( the answer is no) what is the timetable? Will hospitals and clinics be able to operate effectively and efficiently under a M4A plan? What about underserved areas? I have a lot more questions actually. Im going to try and catch a townhall by my rep, who is also for M4A
The last thing Im worried about is how its going to be paid for. Im worried about the nuts and bolts of proper adminstation and good healthcare delivery
Universal healthcare is my goal. Is M4A realistic, or a political slogan?
area51
(11,944 posts)And about another question upthread, I'm wondering how many people with employer-provided insurance are happy with things like co-pays and deductibles, balance billing, in-network vs. out-of-network, no healthcare coverage if they're injured/get sick in another state while visiting friends or relatives, and with the insurance cos. trying to weasel out of paying.
ismnotwasm
(42,028 posts)These are bandaid answers. I am an RN in a hospital that already loses money on Medicare. Yet not everyone has insurance and we eat those costs as well. Maybe it would even out?
We deal with bundling reimbursement and HCPS, not to mention the labyrinth medical coding also, there is an anticipated provider shortage.
DavidDvorkin
(19,511 posts)Additional policies, such as Medicare Advantage policies, are popular and are administered by private companies, but not everyone has those.
The solution is to have Medicare cover everything, so that those private additional policies will disappear. The government will continue to administer Medicare, as it does now.
ismnotwasm
(42,028 posts)And eliminate the supplementals?
I am not being snarky, I want to know what the general perception is.
DavidDvorkin
(19,511 posts)ismnotwasm
(42,028 posts)And cover everyone the same way they are covered now? Keep reimbursements the same?
DavidDvorkin
(19,511 posts)Right now, Medicare covers 80% of the costs. Hence the supplemental plans. The only reason for it not to be 100% is to give a gift to the insurance industry.
It also doesn't cover dentistry and hearing aids. That needs to change.
ismnotwasm
(42,028 posts)Im not saying it cant be done, Im say youd need a minimum, say, a definite timeline and a provider plan. Should providers be allowed to opt out? There are not, right now, no matter what form of universal healthcare we come up with, enough providers.
Hospitals work closely with the government to improve outcomes using evidence based practice at the same time are very concerned with cutting costs. Medicare fraud is also a big problem
A preventative care program is essential
I can tell you Nursing leaders are preparing to step into the breach with Nurse practitioners, but what they are allowed to do varies from state to state.
Getting it payed for isnt as concerning to me as getting off the ground in a reasonable manner.
DavidDvorkin
(19,511 posts)Including lots of study of existing systems, such as the NHS in the UK.
But what we need right away on January 20, 2021 is a solid commitment to making it happen, and a reasonable timeline.
Delmette2.0
(4,178 posts)Similar to the IRS. I would also think that almost all doctors, pharmacies hospitals and clinics are already enrolled in Medicaid or Medicare. It would be easy to share those enrollments when it is requested by the provider.
As far as paperwork, providers would submit on just one format, not different ones for each insurance company. Providers would have very few difficulties with coverage so the provider can be paid.
When I retired part of my job was working with Medicaid payments and the providers. I knew of just a very few exceptions for paper claims. 99.9% were filed electronically (online).
ismnotwasm
(42,028 posts)Hospitals are not paid for what Medicare considers preventable nosocomial infections or injury, pressure injuries, urinary track infections, hospitals acquired pneumonia. I know health insurance companies some cover things like in patient rehab, some dont, Medicare covers SNFs.
One format do you mean one computer program? Its a huge jump in population coverage and we are not set up for it. I think the ACA opened the door. It would have to be administered regionally, you are absolutely right about that.
Delmette2.0
(4,178 posts)There are a lot of questions and challenges. But i think this country has the smart, talented people to do the job. No out sourcing any of it.
If we could get the Public Option and let individuals decide what they want, private or public health coverage.
The pricing will have to be a huge discussion. Mostly because the Public Option will cover everything and anything.
Oh, and auditors. Lots of auditors to keep everyone honest.
ismnotwasm
(42,028 posts)I think we are working on switching everything to EPIC seems to be the most popular user friendly program, at least in Washington state. Just the standardized will be quite a bit of work. Agree about the auditors
MontanaMama
(23,368 posts)Delmette, are you creating jobs here?? I like the sound of that.
Jarqui
(10,131 posts)The Republican BS is the trillions of dollars it would cost.
The government and the people pay for their health care via a variety of means now - with a percentage of people that cannot afford it (or can't afford to not pay it).
In single payer, the government and the people still pay for their health care via a variety of means. But the difference is, the middle man - the insurance companies - their 20% of admin and profit is cut out of the deal.
The folks currently paying insurance won't in single payer or won't the same way. The notion that the folks will not pay anything in single payer and the government will suddenly take on trillions in health care costs - picking up their tab is nonsense. Either taxes go up or single payer insurance is charged to take the dollars that used to go to insurance companies to help pay the government's tab.
The bottom line is without the middle man, health insurance costs considerably less for all.
Some of that will be offset by those who have no insurance now getting coverage. They're already getting treated in emergency rooms so some of that cost is already being carried by others.
All these countries didn't let the Kochs buy the propaganda for corporate healthcare profits
https://en.wikipedia.org/wiki/List_of_countries_with_universal_health_care
The part for me where this issue became passionate for me is when you don't do this, people without healthcare die. There are thousands of people in America without healthcare dying every year so the heathcare corporations can continue to collect their profits. It needs to stop.
ooky
(8,936 posts)they become bankrupt, they lose homes, they become homeless. Unconscionable, inhumane treatment of people - for corporate profits and insane CEO compensation.
calimary
(81,608 posts)GulfCoast66
(11,949 posts)People, spend some time reading about the various European systems so many here idolize.
None are perfect nor do they result in perfect results.
But please read about the French route to Universal Healthcare. It has resulted in what is often regarded as the best healthcare system in the world. It is decidedly not Medicare for all because the French can be as contrary as we are.
But if you spend even 2 hours studying it, you will see how the ACA is perfectly set up to lead to that kind of system. We would all give so much for a system like France and the ACA can get us there without trashing our existing system. Which will never happen.
TexasBushwhacker
(20,256 posts)With everyone having healthcare cradle to grave, things like cancer can be caught earlier when they are more likely to be cured and are cheaper to treat. Chronic conditions like diabetes and high blood pressure can be better managed before they cause premature disability or death.
That means saving lives and keeping people able bodied and in the workforce. Those people will work and pay taxes whereas someone who is disabled would get SSI or SSDI. The survivors of someone who dies prematurely would get SS benefits. That is all real money.
When everyone is covered it also improves the quality of care. Right now if someone doesn't have insurance they either use emergency rooms for primary care and emergencies or go without. ERs must stabilize an injured person but they are under no obligation to provide the best care available to someone without insurancwle.
I met a young man in his 20s. He was in a wheelchair and profoundly depressed. One of his legs had been amputated. It turns out he lost it in a construction accident. He was a day laborer. His leg had been mangled and bleeding heavily. With some advanced microsurgery they may have been able to save the leg but since he was uninsured, they just cut it off. That was the quickest, cheapest way to save his life.
So instead of a young man with an injured leg, needing a few weeks to heal and perhaps some physical therapy, he was a suicidal amputee who would never work in construction again. Sure, he could sue his employer, but unless his employer had insurance, he would get nothing.
David__77
(23,638 posts)...
Hoyt
(54,770 posts)In ten years, 90% of people will be in MFA.
No choice/option to start in 10 years will be sitting here arguing same junk.