The bipartisan culture of corruption in Washington would love to give you Medicare Advantage for All – that’s the solution with the biggest skim rate to crony capitalists.
{{ In effect, the public pays twice: first through higher premiums and out-of-pocket costs, and then through higher government payouts to corporate health care companies. The United States spends the equivalent of $15,000 per year for every man, woman, and child on health care; this is around 20 percent of the economy and more than twice the level of other industrialized countries.
The report is critical at a time when Medicaid cuts and the expiration of Affordable Care Act subsidies engineered by the Trump administration are significantly boosting the uninsured population and the burden on hospitals to deliver uncompensated care. The belief perpetuated by rising costs that America can’t afford to provide its citizens with medical care is incorrect, advocates argue: Solutions outlined in the report are estimated to save not $700 million, but $795 billion annually, primarily by reducing administrative bloat and corporate profit-taking.
“In tandem with moving toward a Medicare for All system, we have to address consolidation that is the cause of health care being so expensive, with degraded quality, and the squeezing of health care professionals,” said Emma Freer, one of the co-authors of the report. “Otherwise we end up with something like Medicare Advantage for All, which would be disastrous.” }}
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