Does 50-60 billion a year sime like a lot for Universal health care?

Question

That's what Obama says his plan will cost...seems like a lot of money, until you realize uninsured Americans are already costing taxpayers 43 billion a year.

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Answer 1

Remember that Social Security started out as a very small temporary program. We see how that has worked out for us. This is only an estimate. How often does the government not go over budget?

Also, keep in mind that not all costs are monetary. There may well be quite a few time and quality sacrifices, as any economist would tell you. (But liberals hate to let economics ruin their policies, see minimum wage)

Last, this is an initial estimate. Government spending grows somewhere in the double digit range, assume 10%. Under these assumptions, in 50 years the cost will be $7.5 trillion, PER YEAR!
Easing these assumptions a bit,(7.5%) and adjusting for inflation(3%), you will still arrive at a hefty $590 billion per year in today's dollars.

Sounds expensive to me.

Answer 2

Universal healthcare is not doable for only $50 or $60 billion per year. Those numbers just do not add up. There are 300 million Americans. There is no way everybody in the country can get health coverage for only $150 per person per year.
Where is the other $2.3 trillion per year going to come from to pay the rest of the health cost?

Answer 3

It depends: if you are paying, that's not much. If I am paying, that's a lot.
Please consider: "What do you call a person who graduates at the bottom of his class from medical school?" Answer: a doctor.
Right now, the number one cause of death is mistakes and errors caused by doctors, nurses, and pharmacists. Throwing money out there for government agencies will not improve health care, it will just cost more, and the poor will still get lousy health care. If you don't believe it, compare the quality of health care in public health care facilities (Florida has them; Nebraska and Wyoming do not) to what people with good health insurance gets.
Nothing would change; there are only so many good doctors, nurses, pharmacists, just like there is only so much food, water, housing. If you take all of everything and devide it up evenly, no one would have a sufficient amount, every one would be poor.

Answer 4

"who's going to pay?" solid question! the better section exchange into whilst he reported that those that have already got coverage would be paying much less decrease than his plan. So, enable's see if i've got have been given this appropriate: my very severe coverage rates are taking place and the at modern-day uninsured are gonna be lined. what's to unlike?!? as properly the reality that it sounds waayyyyy too solid to be real. No, the fact of ANY prevalent well being coverage plan is that average costs will pass up and present coverage will pass DOWN. i would be paying a minimum of as much as i could have with out prevalent well being care and, one way or the different, some recommendations would be unavailable to me - the two because of the fact i could have had to pay even larger rates to qualify for them or because of the fact cramming 40 5 million extra human beings into the gadget only would not pass away room for each individual who needs or desires a technique to be complete. are you able to spell r-a-t-i-o-n-i-n-g? BTW, how do you're saying "100000 nurses short national (as of January, 2007), uploading English-speaking nurses from all over the realm 'reason we don't graduate everywhere close to sufficient, a huge proportion of modern-day American nurses are infant boomers (i.e., waiting to retire now or quickly), and only who's it this is gonna grant all this further well being care?" i think of Obama ought to paintings on his math - i could say this is extra like $250 - $265 billion a 365 days. Now, how are we gonna pay for that with Medicaid, Medicare, and Social protection on the direction to meltdown? to no longer point out the rustic's 50-a hundred 365 days previous infrastructure which will could desire to be rebuilt over the subsequent era. one element i comprehend for specific: the present crop of pols in DC are not as much as the interest of optimum us out of the economic morass created by employing their provides that have not have been given any money to decrease back 'em up.

Answer 5

I don't know where you got your staticits from but, if they are real I will bet that over half of that figure would be attributed to Illegals and abuse from so many welfare sponges who go to the hospital when they get sick from being drunk, I have seen personally some call an ambulance to get to the hospital because the simple wanted to go but didn't want to spend the money for cab fare,what the hell would it be like if we had national health care coverage?

Answer 6

Fix the illegal problem - then we won't be anywhere near 43 billion. We need to enforce our laws, we are not being "mean" by doing so. This county is too worried about everyone but Americans! Lets clean up our own backyard then worry about everyone else. We are too P.C. and whine about everything. I want the greatest (non bitching) generation back!

Answer 7

Well, one argument is that it only costs $43 billion a year now because so many sick people don't go to the hospital. If you give them a universal heath care system, more would be inclined to go to the hospital. But that is an incredibly selfish argument, so it's not my personal opinion.

Answer 8

Hate to say it, but these estimates are only guesses. They have no idea what it will cost until it is implemented. Look at the prescription drug bill they passed. It was 4 or 5 times more expensive than what was touted by our "officials".

Answer 9

It will cost more than 50-60 billion a year.

Answer 10

its nice to live in heaven but untill the day that money is no longer used no matter how much you spend on health care there will still be people in trubble asking for help(free lunch) :( but untill that day its best to plan for your self and help other around you who need help and one must be wise and choise between expencive nice things and what makes sense to own. its planing and a wise person will live with out need of any health care plan. and this is what people need to learn.
its better to help your friends and neighbors then to pay out to the government and hope they will help them.