General Discussion
In reply to the discussion: I am for medicaid for all [View all]stopbush
(24,396 posts)100% of the working public pays into Medicare to support that program. To support 100% of the population would mean a five-fold increase in the taxes from what people currently pay.
Add to that, every Medicare recepient pays a monthly premium of $135 to pay for Part B. That doesnt include prescription drugs or catastrophic insurance. For that, you need supplemental plans that you pay out of your pocket. The same would be true for 100% of the population in any Medicare-for-all plan IF you want that plan to keep the same level of care.
Now, if you want to say no premiums, etc, you need to get the money from somewhere else. If yoyre not going to have people paying out of pocket as they currently do, then you need to raise taxes to pay for the program. And when you start adding it all up, you get to around 40%.