A new study has found that Medicare for All would save over 100,000 lives in the U.S. per year while also reducing Americans’ health care spending by more than $1 trillion annually. Yale University and University of Maryland researchers have estimated that the universal single payer health care system introduced in the Medicare for All Act would prevent 114,000 deaths per year.
Saving 100k lives sounds great, but it would negatively effect shareholder value. Which makes it dirty dirty socialism, which is basically communism. Can’t have that now…
So every board member of every health insurance company needs to by tried for murder by extortion of 114,000 Americans per year
That’s a little kind.
From that perspective, it’s an amazing idea. Makes you wonder why it hasn’t happened
From the propsective of the ultra-wealthy though, it will cost them 1 trillion in profits. Then you realize why they fight it so much
For-profit healthcare is like for-profit ice cream: The point isn’t the ice cream.
How many politicians and ceos have to be Luigi’d before we can act on this?
According to every politician and ceo: all of them
Apparently, maybe not Bernie.
He’s the one guy who I believe would actually do what he says
And cut out the
oligarchsmiddlemen? 😲This doesn’t even consider that health insurance costs are the main factor keeping jobs out of the USA.
If reasonable healthcare was available without employment, the working class would feel substantially more empowered and might even consider such capitalist sacrilege as a general strike. Oligarchs can’t risk it, even if it would appear to increase the profitability of their businesses by removing an enormous part of the cost of labor. They like the chains.
Still won’t.
But think of the poor insurance company CEOs whose kids might be doomed to flying commercial! 😭
Yeah, but then 14% of the GDP wouldn’t be a source of wealth (though their ownership of Private Healthcare and Healthcare Insurance ) for the tiny slice of society who are members of the Asset Owner class.
Surelly 114 thousand more dead Americans every year is a price worth paying to allow the fatcats to take a slice of a $3.4 trillion cake that’s twice as large as it would otherwise need to be (Healthcare as percentage of GDP in countries with universal healthcare is only around 7-8%)
1T/100k = $10m per life saved, surely people are not millions in medical debt? Am i stupid?
I’m reading that as two different metrics.
It’s more cost effective - saving a trillion dollars a year
It’s more medically effective - saving 100k lives a year.
You don’t divide one by the other, debt isn’t related.
Thanks for explaining and not calling me stupid because I did just misread.
But how does it create shareholder value?!?
deleted by creator
Fewer deaths? Less industry profits? No wonder the rich will never let it happen. 😡
The deaths help cull the weaker and least productive members of the herd first, improving the overall shareholder value production capabilities of it as whole (higher average productivity + lower expenses taking care of most expensive and non-productive members such as the eldery = higher herd profitability), and the extra 7% of GDP going to Healthcare in comparison with countries with Universal Healthcare (14% vs 7%) means a much bigger cake for the Owner Class to take slices from.
So win, win for the rich and a great ROI for the money they spend buying politicians.
It all makes perfect sense if one’s a sociopath.
