Medicare for all

The move toward national healthcare, sometimes called Medicare for all is gaining momentum. The vast majority of people on Medicare are happy with their plan. The arguments generally center around cost. In 2024 the US spent $4.9 trillion for total healthcare cost. Medicare $1.0 trillion 66 million people $15,000 per person Medicaid $ 872 billion 80 million peoples $11,000 per person Private healthcare $1.5 trillion 165 million people $9,000 per person Obamacare $ 125 billion 20 million people $6000 per person Drugs, out of pocket and third party payers for the remaining $1.4 trillion. Employers pay 75% of the cost of healthcare for employees. If they continued those payments to the government the additional cost for national healthcare would be $375 billion per year. This would include coverage to the 28 million Americans who are currently not insured at a cost of $13,000 per person. The cost for current Medicare recipients is high because these are older people where morbidity is higher. The availability of coverage for all will mean additional usage and therefor cost.