Cardiologist explains how Bernie Sanders could clear up health concerns

Henrietta Brewer
February 27, 2020

Amid pressure to disclose how he plans to pay for a slate of new government programs and policies, presidential hopeful Bernie Sanders released his plan to pay for his agenda. Sanders is facing scrutiny after claiming that every study on the costs of Medicare for All suggest it will cost less than the current system the us has in place. "People should not have to go a quarter of a million dollars in debt to get an education", Sanders said during the CNN town hall.

"I think the thing here to think about is that we have a health care system that literally causes people to die". That figure pales in comparison to the tens of trillions Sanders expects to spend over the next 10 years, leaving a substantial budget shortfall even under the rosiest of assumptions. Cost? $2.5 trillion over the next 10 years.

However, critics have been quick to dismiss that study, with health economists warning that its findings rely on unrealistic assumptions to arrive at that number. Sanders additionally hopes to carry some other $Three trillion by way of slicing protection spending and decreasing the weight in social services and products, once more due to the introduction of latest jobs.

When it comes to his signature Medicare for All plan, Sanders' website offers a "menu of financing options that would more than pay for" the legislation. Sanders asked the town hall audience, which responded with an emphatic "No!"

On Saturday, Diane Archer, a senior adviser at Social Security Works, penned an opinion piece for The Hill, with the headline: "22 studies agree: "Medicare for All" saves money". In defense of his plan, the senator from Vermont cited a recent analysis in the British journal The Lancet that found that Medicare for all will lower health care costs by $450 billion a year and save 68,000 lives.

The study concludes Medicare for All is far less costly than the existing system mostly because it slashes the mammoth administrative costs that make healthcare in the expensive. A single public plan negotiating rates with healthcare providers will greatly simplify billing.

"In fact, it's the only way to rein in health care spending significantly in the U.S". Groups represented at MUSC on Monday included the AFL-CIO, Black Voters Matter, MUSC Students for a National Health Program, Health Care Workers United, Charleston Alliance for Fair Employment (CAFE), and the Charleston Immigrant Coalition, all of whom spoke on the importance of voting for a candidate that supports universal health care. Sanders has filed a Medicare-for-all proposal in the U.S. Senate that also has the backing of U.S. Sen.

While the Mercatus Center's estimates do indeed appear to place the costs of the single-payer system below the costs of the current programming, other studies, including from the Urban Institute, economist Kenneth Thorpe and RAND appear to put the price tag higher.

Still, Godfrey's reporting suggests that many Sanders supporters realize that Medicare for All faces legislative and political hurdles that might be insurmountable, at least in the immediate future.

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