Some people believe that the federal government should be in charge of the entire healthcare system. That is what they do in Great Britain, Canada, and France. They have various names such as single payer, universal health care, and lately in the U.S., the name for federally controlled healthcare is Medicare-for-All.
CLAIM: Federal healthcare (Medicare-for-All) saves money
FACT: This is magical thinking, a whole new level of self-deception. Charles Blahous of Mercatus Center has done a careful detailed cost analysis of Medicare-for-All, which will cost $32.6 trillion over ten years. That amount of new spending is equal to GDPs of the U.S. and China, combined!
Rather than saving money, Medicare-for-All will raise U.S. spending on healthcare to nearly $7 trillion per year. To cover this expense every American will have to pay twice the amount of taxes they pay now. Yes, Medicare-for-All will double your tax bill.
CLAIM: Federal healthcare will provide for all our medical needs
FACT: We already have a single payer system in the U.S. called the Veterans Administration health system. According to their own internal audit in 2015, “306, 000 veterans may have died” waiting for needed care. Single payer creates what is called, “death by queueing.”
FACT: Federal healthcare systems use rationing to reduce spending. How does medical rationing produce “better care”? Government medical rationing limits access to care and does not provide enough facilities to provide care: too few operating rooms and not enough burn units. But, there is something worse.
FACT: In single payer systems such as Medicare-for-All, the federal government, not the patient, makes life-and-death decisions. Read about the British babies that their system removed from life support against the parents’ wishes.
Washington has passed numerous “fixes” for our healthcare system over the past fifty years. They all can be grouped under the slogan: “Trust me!” How has “Trust me” turned out for us?
Dr. Waldman's new
eye-opening book lays bare the disaster that has befallen both patients and doctors over the last 50 years due to government and administrative involvement into health care. Today close to 50% of healthcare spending goes NOT to doctors to pay for care, but to administrators who manage the miles of red tape introduced by ever increasing number of government regulations.
Dr. Deane Waldman was Chief of Pediatric Cardiology at: The Children’s Hospital of San Diego, The University of Chicago, and The University of New Mexico. He has seen the insides and outside of our floundering medical care systems. At present, Dr. Waldman is Distinguished Senior Fellow for Healthcare Policy at Texas Public Policy Foundation. His proposal for StatesCare has the potential to revolutionize healthcare in the U.S. and save us from the imminent imminent collapse.
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