Since Harris endorsed the3 idea as VP I thought I would bring it all up again….
Medical costs are rising, drug prices are through the roof, and we are trapped in a loop where medical services like insurance and drugs are making obscene profits off your health….but there is an answer….
Medicare For All
That’s right Medicare For All.
A new analysis illustrates just how dire the need has become….
A federal analysis released this week projects that U.S. healthcare spending is set to rise to $7.7 trillion by 2032 and account for nearly 20% of the nation’s economy, findings that single-payer advocates described as yet another indictment of the country’s for-profit system and further evidence of the need for Medicare for All.
The Centers for Medicare and Medicaid Services’ (CMS) Office of the Actuary said Wednesday that it expects national healthcare expenditures to outpace U.S. economic growth over roughly the next decade, “resulting in an increase in the health spending share of GDP from 17.3% in 2022 to 19.7% in 2032.”
The CMS analysis showed that U.S. healthcare spending grew at a rate of 7.5% last year, with overall expenditures reaching $4.8 trillion. CMS said it projects health spending will rise by 5.6% annually over the coming years, with overall spending reaching $7.7 trillion by 2032.
Robert Weissman, president of the consumer advocacy group Public Citizen, said in a statement Thursday that the coming surge in healthcare spending “has nothing to do with improving care and everything to do with price-gouging, monopolization, and wealth extraction by insurance corporations, Big Pharma, and for-profit hospitals.”
Despite spending more on healthcare per capita than any other rich nation, the U.S. consistently ranks last among its peers in health outcomes.
https://www.commondreams.org/news/us-healthcare-spending
And yes the US could afford this program but it will take work and some changes….like one all individuals pay their taxes on every dime they make…there should be no cut-off to help the rich keep their money….Neither you or I has that option neither should anyone else.
Studies have repeatedly shown that transitioning to a Medicare for All system—as proposed by Sen. Bernie Sanders (I-Vt.) and more than 120 other members of Congress—would save the U.S. hundreds of billions of dollars a year and countless lives compared to the status quo, which leaves tens of millions of people uninsured, underinsured, and unable to afford lifesaving treatments and medications.
Time for the people of this country to get some of the benefits that only a few others have been afforded.
It is that simple.
I Read, I Write, You Know
“lego ergo scribo”