Additional costs for “Medicare for all”?

[Supposn]

Additional costs for “Medicare for all”?

Estimating The additional increases of federal through local tax rates to fund “M4A” should consider USA taxpayer's current aggregate direct and indirect healthcare spending. Those include but are not limited to their purchases of insurance, and out-of-pocket costs. There's what's not covered by individual plans, those plans annual deductibles, co-payments. The U.S. Congressional Budget Office has never been funded to make such a study.

It's not certain if M4A would net increase medical costs to USA taxpayers or considering the net economic and social benefits due to M4A, to what extent it would, (beyond it's other benefits to our entire nation), may be of net benefit to USA's aggregate taxpayers.

Respectfully Supposn

 

[Supposn]

Medicare for all”?

Medicare currently covers the segments of our population with the highest per-patient costs. Medicare was enacted because non-profits and commercial insurers couldn't or wouldn't do the job at nearly an affordable price. (I doubt if Medicare is now entirely self-funded). It's available to those over 65 and, others with disabilities, and people with permanent kidney failure requiring dialysis or transplants. Taxpayers are already carrying Medicare’s costs.

Medicaid, federal and state funding for those that cannot afford medical insurance (has disgracefully low annual income caps); but taxpayers are already paying for those extremely inadequate fundings.
CHIPS, (Children’s Health Insurance Plans) is similar to Medicaid. Taxpayers are already carrying CHIPS costs.

Taxpayers are already carrying the medical expenditures for the U.S. Veterans Administration, and all other federal through local governments' medical expenditures. The prices of every USA produced goods or service products sold within and beyond our borders carry the medical expenditures of the producing enterprises.

Due to Medicaid's disgracefully low annual income caps, hospital emergency rooms, (the absolutely highest priced medical providers), are the eventual medical providers for those uninsured or those that cannot afford their insurances' annual deductibles or co-payments. Their unpaid hospital bills embedded within hospitals' prices charged to all others, or are paid by those government agencies, and other non-profit organizations supporting the hospitals, (i.e. taxpayers and charity contributors).

Many, if not most of non-government medical insurance organization's contract out their collections of revenues and payment disbursement to enterprises specialized to perform those tasks. Those contractors perform much of the same services on behalf of governments' medical insurance organizations. Single payer basic medical insurance would provide some substantial reductions of USA's aggregate medical administrative expenditures.
Similar to Icebergs, substantial portions of USA's medical expenditures directly or indirectly paid for by our taxpayers, are much less visible. USA's medical expenditures are directly and indirectly greater than any other nation for in aggregate, and per person, and per patient but among the leading industrial nations, our nation's health and median healthcare services are not among the best value for the money spent.

Respectfully, Supposn

 

[Gonzomin]

Universal medical care would eliminate the need for the VA. The vets could go to the most convenient doctor. Medicare and Medicaid would also be eliminated. Those programs would have their costs wrapped into universal care. We could eliminate health insurance which just adds cost and complexity. We can not only provide healthcare for all but cut the costs dramatically. Think how much we could save by having people go to doctors to monitor their health instead of waiting until they hit the ER.