[/quote]
Most employer-sponsored plans will run you 3-5 grand a year. Some employers offer high-deductible plans that come with a much cheaper premium but higher potential out of pocket cost. I recently switched jobs from a company with a HDHP to a PPO. Under my old plan, the cost out of my pocket for the plan was ~$1500 a year with a $4300 deductible for the family. My new plan offers an A plan that would cost $5000 per year with a $1000 deductible and a B plan that is $3000 per year with a $3000 deductible. It truly is six one way, half dozen another.
You can't tell me that Medicare for all would cost each person any more than the $6000 I am currently paying, and it would not line the pockets of billionaire insurance companies. We would get a much better product with no middle man skimming an extra 25% off the top for his own profit. The only justification I can see for not shutting down private insurance is the fact that over 2 million Americans are employed in the industry. Otherwise, the system is corrupt, immoral and needs to be changed for the better.[/quote]
This.
Because insurance is restricted in its profits, it increases the size of the base, by challenging reimbursements and raising the costs of the medical practice. The barriers it puts in place raise office costs by approx 30%.
And of course we are a country where we sue everyone, so that also raises costs for the physicians and staff. Its a sheetshow and we support insurance over the population.
Healthcare should be a government pillar. Like education, infrastructure and defense.
And healthcare is already 55% government funded (VA, DOD, Medicare, Medicaid, Tricare etc) , so all the bs about it'll cost us trillions extra is so much rubbish. Run a bybrid scheme like they do in Canada. There is still room for private policies, just like in NHS countries like Canada, Australia, and the UK.