Wednesday, March 11, 2020

National healthcare

The cost of private healthcare in the USA is $2.4 trillion dollars and 25% of that is administrative cost. This $600 billion dollars is where the saving comes from by going to national healthcare. Bernie Sanders wants to use that savings to help pay for national care. Joe Biden wants to give people the option of keeping their private care or going to a government option which means he will not have the administrative savings to work use. Part of the savings comes from the elimination of 2.7 million jobs in the healthcare industry. Other savings come from government purchasing power by controlling hospital, doctor and drug cost and finally from rationing. The biggest winners with national healthcare will be the private corporations who will no longer have to pay for employee healthcare. It is quite surprising that Sanders has not suggested that these companies keep paying but sending the money to the government to help pay for healthcare.

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