What Is the Cost of Medicare for All?

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Would you want the same quality of service you receive at the post office or the DMV when you receive medical services? This video from Job Creators Network details precisely how "Medicare for All" would lead to health services that are just like every other government service: tedious, inefficient and disorganized.

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Script:

Have you ever waited in line for hours at the state-run DMV? Or wanted to pull your hair out at the government-operated Post Office? Well if some members of Congress have it their way, government red tape and lackluster customer service would also extend to health care.

Government run health care has recently been repackaged as Medicare for All and is a big move away from free market competition.

As a result, the quality of service will likely drop and taxes will skyrocket. Many medical professionals have also indicated they won’t participate in a government-run health care system—so you may not be able to keep your existing doctor.

In practice, this could mean waiting hours for much needed medical care or up to a year for surgery—a major problem for time sensitive procedures.

The price tag of Medicare for All is also jaw-dropping.

Instituting the program is estimated to cost over $3 trillion per year. That’s more than the U.S. government spent on the military, healthcare, social security and other entitlement benefits combined in 2015.

Inevitably, that additional financial burden would fall onto the American taxpayer—slowing economic growth and stifling business expansion.

Medicare for All may sound good in a campaign stump speech, but putting the idea into practice is risky and comes down to one question: How do we pay for it?
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As much as I support free market healthcare what America has at the moment is not free market health care, it's a cooperative monopoly. Health insurers are working together, not competing, to screw customers. Socialising healthcare may be a wrong turn but the current system desperately needs to change.

sirgaz
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"How do we pay for it?" With ever-increasing debt and interest payments on said debt. But don't worry, you won't have to pay the price: that will be a problem for your children.

francisjo
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Healthcare in the USA costs 3.2 trillion every single year. So the price is literally the same and you're getting better service.

barelyfresh
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Free market health Care is better than socialized healthcare. CHANGE MY MIND

johnathanvale
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seems a lot more expensive then the wall😂🤫

noahreillyy
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I'm Norwegian. I have government running health and I'm happy. :)

LemosNorway
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Just ask Norway, which has socialized medicine and an average life expectancy that is four years longer than ours.

thatfighterguy
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Germany, scandinavian States, Austria, Switzerland. These countries and many more already have free healthcare for all, its not that hard. Thousands of dollars for e.g. a few stitches is not ok.

Atomfrettchen
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Healthcare should be private and less regulated, change my mind

lorenzors
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As a born and raised Canadian, I can tell you first hand our "free" healthcare system has been broken for decades.

Break an arm? Sit in emergency for 12+ hours in agony, because there's 2 doctors & 3 nurses dealing with floods of patients.

Need a time-sensitive surgery? Well, better hope you have a time machine to slow down the world - you might die before surgery, or suffer from lifetime health problems & issues from the wait.

Our system may be free, but the quality & speed of it is like frozen molasses.

DaleLyons
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Alexandria Ocasio Cortez has an IQ level of playing hopscotch while drunk on scotch she also has the brain power using a chain to tie the knot

classicliberal
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Appreciate Prager U videos such as this one, but when you make a statement like "Medicare for All is estimated to cost three trillion dollars per year" (0:51 minutes), please add a reference (either in the narrative or the graphic), for instance, according to Congressional Budget Office, Dec., 2017. Without it, your video simply will not hold weight with those that will simply say "Where'd they get that number, out of the thin blue air? I don't buy it." Thanks.

Burps___
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We could always ask Cuba and Venezuela for guidance!! :-)

richardcorwin
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In Sweden Health Care is shit. Even Iran has much more cleaner hospitals and new advanced eqvuiqments . Many Nurses are from Romania with bought Degrees. You are better off staying home than being infected by others waiting in line. Last time I went to the hospital I could not speak to the doctor without being interrupted several times by other patients screeming and needing help. Doctors are always running. It's like hell. If we would not have a free market this country would be like Venezuela.

danielm
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Medicare for all is cheaper then our current system. It would get rid of the middle man, saving over 2 trillion. And you could keep your doctor and your hospital, the only difference would be your card would say Medicare instead of Blue Cross. It would save you a lot of paperwork and negotiations for the best price. Instead of paying 300$ a month to your premium, you would pay 200$ in taxes. You would be net saving money. Also it would get rid of premiums and deductibles. You could still get additional healthcare from healthcare companies if you wanted to. These are all benefits to a Medicare for all system, it’s better and we should have it. Every other developed country has a form of single payer healthcare, why not here?

sadscientist
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This is almost criminally false, we already pay for the entire countries healthcare cost through the higher rates we are charged by insurance companies, medicare for all actually saves 1 trillion dollars in the long run according to a study put out by Koch Industries, and the government simply assembles a marketplace of insurance companies to compete, universal heath care is still free market health care, the government just makes sure everyone is on it and forces insurance companies to pay out 80% of what they take in, minimizing greedy corporate profits and maximizing the care given to each participant

mr.noodles
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I agree we need to fix it. Medicare for all may not be the right answer but neither is a $70, 000 bill for breaking a leg. People shouldn’t be put in a position where they feel it’s cheaper to die and be in pain than to go to the doctor. I don’t think most people want it to be free, just more reasonable!

TransitAndTeslas
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Video has an agenda. How are these costs being calculated?

JQ
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So Canadians seem to be able to afford higher taxes for universal health care, and their per capita costs are reasonable, and so is the quality of care. So why would American universal health care be any different? I hear a lot of garbage being spread about Canadian health care in the USA. As a Canadian, all I can say is, don't listen.

jerseypoodle
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But I have been assured by many of the politicians who are promoting this idea that all we need to do is 'just do it' and it will work out fine.

/s

ChipKerr