• DontRedditMyLemmy@lemmy.world
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    11 months ago

    Isn’t it true that M4A could be paid for 3x with the amount we currently spend on our existing system? The insurance companies are the scam.

    • Bye@lemmy.world
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      11 months ago

      Yes, the amount we pay just for Medicare and Medicaid is much more than we spend on defense (a large part of which goes to the VA, more healthcare). That money is enough that it alone should pay for single payer healthcare, and would in other countries. But our government run healthcare isn’t allowed to negotiate fully, and has to compete with private healthcare. So it’s hamstrung and we get screwed.

      Just eliminating insurance would reign in prices significantly.

    • Zoboomafoo@lemmy.world
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      11 months ago

      If you use the best estimates for both the cost of M4A and the savings from replacing our current system