Once Again Republicans Reveal They Have No Healthcare Plan

HOWEVER, the number he uses is AFTER dividends are paid to shareholders!

cpa kevin is wrong again.  Dividends are paid after after net income.

Net income is the company’s bottom line on the income statement. It shows the profit a company makes after subtracting all operating expenses, interest, and taxes from total revenue. It tells you how profitable a company is during a certain period. Dividends are different. They come from retained earnings after net income is calculated. You will see them on the statement of retained earnings and the cash flow statement, not on the income statement.

2023 aggregate corporate profits for that sector were $371 billion.  

Again no proof or link.  cpa kevin may be referring to revenue which is not profit

https://www.ajmc.com/view/comparing-apples-with-oranges-administrative-expenses-and-finances-in-medicare-systems

This explains why the 2 systems can't be compared.

For example large parts of medicare such as the web site, enrollment, premium invoices, and management is handled thru Social Security; a different cost center.  Claims may also process thru Social Security.

Again, if Europe's universal system is so good why do 20+% still have private insurance?

I will answer stupid Tom's stupid question! Even though he worded it it an asinine way.

If the US Post Office is so great, how come people use FedEx? Why, HUH???

If the free education system is so great, how come people enroll their children in private schools???

If the police are so great, how come people have home security systems? Huh?? What about THAT, huh???

Answer for stupid Tom: because in a free society, some people may wish to pay for a higher level of service than the government provides. That they do so doesn't signify any failings or inadequacies on the government's part. Insofar as health insurance is concerned, they may have health needs that are unusual and/or need more attention than the system can provide.

And stupid Tom...those who buy private health insurance use it to SUPPLEMENT their coverage, not replace it.

DUHHHH! Stupid Tom.

Stupid kevn answers his own statement.  If the govt could do it better than people wouldn't need to pay for an additional service.

because in a free society, some people may wish to pay for a higher level of service than the government provides

In the case of the US people have to buy supplement medicare coverage because kevin's wonderful medicare doesn't cover most major bills.

.those who buy private health insurance use it to SUPPLEMENT their coverage, not replace it.

Medicare does in fact cover most major medical bills.

Stupid Tom.

They don't pay 20%. So a 200k bill, will cost someone $60k.  

Surgery and cancer treatments can easily run in the hundreds of thousands. 

Tom doesn't understand how private insurance works .

Its true that you need medicare supplemental plans to  cover things like vision, hearing aids, and dental.     Tom lives in some alternate universe where those things are included in his standard health insurance plan from Cigna.    Here in the real world they aren't and cost extra there too.     So I don't know what his point is.

the bottom line math is simple,    Almost all of the industrialized world has cheaper healthcare per capita compared to the US  with as good or better outcomes and fewer medical bankruptcies.    

that's a big reason why the American dream of social mobility is easier to achieve in Europe than America.    Too bad we have a lot of people like Tom who want to keep it that way.

80% of something is indeed "most."

Stupid Tom.

20% of 200 is 40, not 60.

Stupid Tom.