The Medicare for all debate

Originally posted by: Molly

True compromise, option to buy into Medicare, like obama care is now, but the dems have to be willing to get the lawyers out of the way with tort reform, and the republicans have to be willing to let the Insurance companies lose out on these customers. This is the only way to save money, in other words, it will never get done. 

 


How would they do those things? A Republican Senate would never pass a meaningful tort reform law, because many of them are/were lawyers and many of their contributors/donors are lawyers as well. They're not going to bite the hand that feeds them. Same thing with the insurance companies. Those companies have been writing big checks to Republicans to urge them to try to kill Obamacare.

 

The only meaningful path to a reformed health care system is to completely remove Republicans from power, and thus remove the profit motive from the US healthcare system, but it's very unlikely they'll lose control of the Senate in 2020.

Originally posted by: tom

Medicare for Some has a $40 trillion deficit & the participants have to purchase supplemental insurance to cover their out of pocket expenses.

 

Somehow we are supposed to believe that thru magic medicare for all will not run a deficit.  


The entire federal deficit is less than $1 trillion, so your numbers must have been taken from a keno board or something.

Well, "the failure of Obamacare" is not a reality--Obamacare is fully operational. Is it perfect? No. But how exactly is it a failure? Tens of millions of people who didn't have healthcare before are now covered. That was Obamacare's objective. Don't be such a partisan fool that you lie about simple reality.

 

You feel compelled to say that it's a failure because otherwise, the Republican attempts to destroy it for political gain would be pretty evil. As is actually the case. Had they succeeded, over twenty million people would have found themselves suddenly without any health care at all. That doesn't bother you? You're that much of a Trumper that you want hundreds of thousands of people to die?

 

Since there actually is no "failure of Obamacare," what I do blame on Republicans are its flaws. I mentioned, but you conveniently ignored, the successful Republican effort to repeal the individual mandate. That weakens the Obamacare exchanges because young people will now opt out, resulting in premium increases. So those premium increases are the fault of Republicans. Deny it all you want--that's what happened, and the Republicans caused it.

 

Oh, and by the way, the "repeal and replace" frenzy always lacked one rather important element--the "replace" part. Trump and his Republican stooges worked themselves into a lather trying to destroy Obamacare, but they never outlined any plan to replace it whatsoever. That tells me that Trump's promise to come up with an alternative was a flat-out lie. All they wanted to do was destroy it because it was something that Obama did.

 

What amazes me about you Trumpers is what suckers you are for that con man. You actually believe him when he says he gives a shit about you. He cares about only one person in the world--and that ain't you!

Edited on Nov 5, 2019 10:45pm

Kevin most of the lawyers out there are Democrats, once again like arguing with a little boy.

 


From Medicare itself.

 

Medicare’s overall unfunded liability over 75 years is more than $37 trillion.

 

According to a report from Britain's National Health Service was that the waiting list was over 4.5 million people, up 40% in 5 years, with cancer waits being the worst on record.

Originally posted by: Molly

Kevin most of the lawyers out there are Democrats, once again like arguing with a little boy.

 


And the factual basis for your assertion is...?

Originally posted by: tom

From Medicare itself.

 

Medicare’s overall unfunded liability over 75 years is more than $37 trillion.

 

According to a report from Britain's National Health Service was that the waiting list was over 4.5 million people, up 40% in 5 years, with cancer waits being the worst on record.


You're confusing "unfunded liability" with "budget deficit." An unfunded liability is money the system will potentially have to pay. It represents the amount that will have to be paid when potential Medicare recipients become eligible for the program. Not all of it will translate into actual costs--for example, if someone dies before enrolling. Also, the liability repeats itself from one year to the next, as someone who is, say, 50 in 2018 is counted as contributing to the unfunded liability then and upon turning 51 in 2019, is counted again. So the cumulative amount of $37 trillion is NOT an actual amount that exists today.

 

A budget deficit, on the other hand, is a shortfall in revenues in a given year that must be made up by borrowing. It's meaningless to compare the two. An unfunded liability is a potential cost. A budget deficit is an actual cost.

Edited on Nov 6, 2019 9:25am

I never confused it.

 

If the feds were a company, it would have to list the unfunded liability on the balance sheet.  In the near future that unfunded liability will come calling & will have to be paid out.

 

The democrat theory of pretending it doesn't exist, doesn't mean it doesn't exist

Originally posted by: Molly

Kevin most of the lawyers out there are Democrats, once again like arguing with a little boy.

 


You are so wrong. Most lawyers are not personal injury attorneys. Most lawyers and the most well-paid ones work for firms that represent large corporations and those lawyers are very Republican. 

Originally posted by: tom

I never confused it.

 

If the feds were a company, it would have to list the unfunded liability on the balance sheet.  In the near future that unfunded liability will come calling & will have to be paid out.

 

The democrat theory of pretending it doesn't exist, doesn't mean it doesn't exist


Nobody pretends it doesn't exist. However, many, like you, don't understand it. The vast majority of that unfunded liability will NOT "come calling" in the near future. It is potential Medicare expenses for every living citizen--including, say, a five-year-old girl who won't be getting Medicare benefits for sixty years. Furthermore, not all retirees will enroll in Medicare--many won't, in fact.

 

You show a fundamental misunderstanding of how this all works. Next fiscal year, a small portion of that unfunded liability will become an actual expense, as opposed to a liability--those are two different things. That expense will be paid by tax revenues. This will continue to happen each year. Only a little more than 1% of the unfunded liability will become an actual expense in any given year.

 

Trump's tax cuts for the rich have made the time when tax revenues can't fully fund Medicare and Medicaid come that much closer. That's pretending that the unfunded liability doesn't exist--Trump's solution is to cause it to grow larger. You are accusing Democrats of doing the stupid move that is actually being done by the Orange Orangutan, who can't read and thus, is about as qualified to set tax policy as a cocker spaniel.

 

 

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