According to a new analysis by the urban institute.
Government run health programs like Medicare and Medicaid are better at controlling costs
than private health insurance companies.
Here's what they found between 12 uh, 2006 and 2017 so over an 11 year span.
Medicare spending per enrollee increased by 2.4% per year.
During that time, Medicaid spending grew by 1.6% per year.
Meanwhile, private insurance spending grew by 4.4% annually.
So we have two government run healthcare programs, one for the poor, one for the elderly, and
both of those were somehow able to control costs better then what those of us with private
insurance had.
I mean almost double the amount of spending per person growth among private health insurance
compared to the government programs.
We have seen studies like this come out in the past too, except they weren't necessarily
focusing on here in the United States.
They were focusing on other countries and countries with government run.
Healthcare programs tend to spend less and see far slower growth in spending per person
for healthcare services than those countries like us that have to rely on private health
insurance.
The point I'm trying to get at here is that not just all over the world in these countries
with socialized medicine, but even here in the United States, for the few people that
are on our socialized medicine programs, they're getting better coverage, they're getting better
prices, they're getting better deals than the rest of us who have to go through private
insurance.
It is nearly impossible to look at these numbers and you actually, when you look at the numbers,
you see that more and more people had enrolled in these programs and yet they still manage
to keep the costs lower.
I mean logically you would think that more people go on it, you're going to spend more
money, but these programs are actually so efficient that they didn't have to increase
their spending.
I mean obviously they did increase the spending overall because there were more people, but
their costs, I should say the costs did not increase.
Meanwhile, for those of us from private health insurance, we're averaging 4.4% increase in
cost per year.
That's inefficient.
You can't look at these numbers and tell me that a medicare for all program here in the
United States would not be a better system and I know there's always those big conversations
of how are we going to pay for it?
How are we going to pay for it?
Well, maybe we don't need to spend close to $800 billion a year on our military.
I mean the next seven or eight countries who spend as much on their military combined,
we still spend more than double what all of those countries spend.
Again combined, we could cut that in half.
We could cut it into a quarter of what it is still be spending more than everybody else
and provide better quality health care coverage for people here in the United States, run
by a government program that knows damn well had to get things done.
The private market, the private industry, the private sector has failed us and that's
why we're in this position.
That's why we do have to move to a drastic new system like a medicare for all had the
private sector corrected itself decades ago.
Nobody today would be calling from Medicare for all, but they let their greed get in the
way, and because of that, they're going to have to be the ones to pay the price.
Now, medicare for all is the only solution to these problems because the private sector
has proven time and time again that as long as they can gouge us and make us pay as much
as possible, they're damn sure gonna make us do it.
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