Wednesday, November 7, 2018

National healthcare

If the country goes to a national healthcare plan it will be a cash windfall for corporations. In 2017 the US population was about 325 million and the cost of healthcare was $3.5 trillion or a little over $10,000 per person. There are currently 155 million Americans covered by employer sponsored healthcare at a cost of $1.6 trillion dollars. Employers pay 80% of this or $1.28 trillion. Last year corporations paid $300 billion in income tax. The savings in healthcare cost will be four times greater that what the companies pay in income tax.

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