Hillary Clinton
In reply to the discussion: See how much Bernie's tax plan would affect you...Vox Tax Calculator [View all]stopbush
(24,426 posts)I don't see how he gets people to believe that they are going to pay only $500 a year for healthcare and get the same services they get now.
He's proposing Medicare For All. The current Medicare program is funded by payroll taxes paid by 100% of the workforce to fund healthcare for ONLY the over-65 crowd, which is only about 19% of the population. Those over 65-ers each pay an average of $1200 a year in Medicare premiums. Most of them are on Medicare for under 20 years because they die.
You now want to expand that program to 100% of the population and cover roughly 55 years worth of medical insurance and care for everybody. And all you need to do that is raise the current employee/employer contribution from 2.9% to 6.2%, while at the same time doing away with the $1200 a year paid by seniors today and all other medical premiums paid by under 65s?? Really? And this at a time when 85% of premiums paid to insurers MUST pay for actual services, not overhead. That means that TODAY a helluvalotta $ is being paid to insurance companies and spent on a lot of medical services, and we're going to fund that level of medical service for 350-million people by eliminating all premiums and charging everyone a measly 6.2% payroll tax, which is little more than double the current tax?
It boggles the mind that people buy such bullshit.