Live data from Hacker News

No One Goes There Anymore

noonegoesthereanymore.blogspot.com

321–322 of 322 posts

Re: No One Goes There Anymore

#321
post #317
post #312

Earlier quoted context omitted.

and our private spending on insurance would drop by a similar amount. its basically zero sum. bernie's plan in worst case scenario was a few hundred billion a year more total but the coverage was superior to almost every private plan out there.

He claims this, but it's far from certain. The argument that public healthcare will be "basically zero sum" with superior coverage is one built on flawed assumptions, with cherry-picked data, and ultimately overestimates the potential savings. https://www.politifact.com/factchecks/2020/feb/26/bernie-san...

I'm indifferent to bernie's claims honestly. the point I'm making is that just switching people over to medicare/medicaid is a win for efficiency and costs because the 20% overhead of private insurers for profits + operating costs drop to 2%. savings of 18% right off the bat.

that part is absolutely a zero sum game.

now once you start adding in the rest of the plan the costs go up but that is a result of actual improvements in benefits (a good thing).

when I said worst case I was picking from studies unrelated to bernie's platform that showed an increase vs current system projects spending but it was modest. 700 billion/year in additional costs beyond what bernie has accounted for. and that is using the most expensive analysis I could find.

its probably not going to work quite that cleanly in reality. but the numbers are close enough that its worth it for our country to move to single payer with the additional benefits.

here is one of the sources I used to pull total costs from. most of the stuff I found personally ended up below their estimates. politifact's range is actually far less than the one I used by almost 20 trillion.

https://www.urban.org/urban-wire/dont-confuse-changes-federa...

--- this is a document i wrote up for my friends/family on the topic has all my sources and various other commentary.

https://docs.google.com/document/d/1-4-fYlRSRvtCar98APl6PzLL...

Re: No One Goes There Anymore

#322

Earlier quoted context omitted.

From this side of the Altantic, it looks like the US economy is organized so that the lower working class only earns just enough to live. No wonder they are homeless when illness, disability or bad luck strikes. I am not implying this applies to OP.

That’s true everywhere though. In 2014, the bottom 50% in France warned just 15,000 euros per year on average: https://voxeu.org/sites/default/files/image/FromMay2014/garb... . That’s only a little bit higher than the average income of the bottom 20% in the US: https://www.advisorperspectives.com/images/content_image/dat... . In terms of income, the people somewhat below the median in France are doing similarly to th…

[deleted]
Post reply on HN