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Ferd Berfel

(3,687 posts)
Sat Feb 13, 2016, 12:15 PM Feb 2016

In Fact, Argue Experts, Sanders' Medicare-for-All Numbers "Do Add Up"

http://www.commondreams.org/news/2016/02/12/fact-argue-experts-sanders-medicare-all-numbers-do-add

"It's indisputable that single-payer systems in other countries cover everyone for virtually everything, and at much lower cost than our health care system," PNHP co-founder says


Uh-Oh...Somebody is LYING about Bernie.....AGAIN!

During Thursday night's Democratic presidential debate, Hillary Clinton criticized Bernie Sanders' proposal for a "Medicare for All" healthcare program, stating, "the numbers just don't add up."

"A respected health economist said that these plans would cost a trillion dollars more a year," Clinton said, likely referring to a recent analysis by Emory University professor Kenneth Thorpe, who helped craft a single-payer healthcare system in Sanders' home state of Vermont, which said Sanders' proposal was off by an extra $1.1 trillion annually.

"So if you're having Medicare for all, single-payer, you need to level with people about what they will have at the end of the process you are proposing," Clinton said. "And based on every analysis that I can find by people who are sympathetic to the goal, the numbers don't add up, and many people will actually be worse off than they are right now."

But according to other healthcare experts, both Clinton and Thorpe are working with false calculations.

For example,.............







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In Fact, Argue Experts, Sanders' Medicare-for-All Numbers "Do Add Up" (Original Post) Ferd Berfel Feb 2016 OP
Yes, but how can people get rich off for-profit insurance companies with single payer? valerief Feb 2016 #1
That's why he keeps comparing cost overruns here vs the other countries, it is Jefferson23 Feb 2016 #2
That's why some of Hillary's donors are in panic mode Ferd Berfel Feb 2016 #3
Numbers never need to add up when it comes to funding the oligarchy JFKDem62 Feb 2016 #4
I knew she was lying about that, but that's insane how much he fudged the numbers Hydra Feb 2016 #5
When Swift-boating, Reality is of no importance Ferd Berfel Feb 2016 #6
I hope people don't believe her. senz Feb 2016 #7
Ever notice that neoliberals like Hillary.... 99Forever Feb 2016 #8
Kick. Luminous Animal Feb 2016 #9
Gee whiz - where are the Hillary critters telling us how this is either wrong Ferd Berfel Feb 2016 #10
These doctors may say it does....but they aren't economists are they? Lucinda Feb 2016 #11
atta girl - Here's 170 of 'em Ferd Berfel Feb 2016 #12
I've seen the list. I'll stick with the ones I have. Lucinda Feb 2016 #13
wow, sounds like the argument republicans use on clilmate change Ferd Berfel Feb 2016 #14
No one is saying single payer systems can't cut costs dsc Feb 2016 #15
An Open Letter to the Wall Street Journal on Its Bernie Sanders Hit Piece Ferd Berfel Feb 2016 #16
this was both before his plan dsc Feb 2016 #17
Where did you do your economic Phd work? kristopher Feb 2016 #18
One doesn't have to be an economist to see he hasn't said one word about dsc Feb 2016 #19
That doesn't help your argument. Where is your research on physician's preferences? kristopher Feb 2016 #20

valerief

(53,235 posts)
1. Yes, but how can people get rich off for-profit insurance companies with single payer?
Sat Feb 13, 2016, 12:19 PM
Feb 2016

The most important thing in the world is for very rich people to get more pennies.

Jefferson23

(30,099 posts)
2. That's why he keeps comparing cost overruns here vs the other countries, it is
Sat Feb 13, 2016, 12:20 PM
Feb 2016

the health insurance companies who will vanish, and should.

Ferd Berfel

(3,687 posts)
3. That's why some of Hillary's donors are in panic mode
Sat Feb 13, 2016, 12:25 PM
Feb 2016

Because they SHOULD be run out of existence and they realize that most Americans know it, and agree.

but not ALL Americans

JFKDem62

(383 posts)
4. Numbers never need to add up when it comes to funding the oligarchy
Sat Feb 13, 2016, 12:35 PM
Feb 2016

Wars, military industrial complex, Wall Street bailouts, tax breaks for the rich. No one asks any questions.

But any thing that benefits the general population is brutally examined.

Hydra

(14,459 posts)
5. I knew she was lying about that, but that's insane how much he fudged the numbers
Sat Feb 13, 2016, 01:38 PM
Feb 2016

Doesn't anyone run on science anymore? Just "Find these sexy numbers for me!"?

99Forever

(14,524 posts)
8. Ever notice that neoliberals like Hillary....
Sat Feb 13, 2016, 02:36 PM
Feb 2016

... never seem to have a problem finding money to go to war bombing brown people or bailing out their cronies on Wall Street when they run their multi-billion $$$$$ casinos (and our economy with them) into the ditch?

Lucinda

(31,170 posts)
11. These doctors may say it does....but they aren't economists are they?
Sat Feb 13, 2016, 06:56 PM
Feb 2016

She I go to an accountant next time I get sick?

dsc

(52,162 posts)
15. No one is saying single payer systems can't cut costs
Sun Feb 14, 2016, 01:24 PM
Feb 2016

what people are saying is Bernie has said not one word about how he would cut costs. His plan had said we would save over 100% of drug costs until that was pointed out and he just altered the numbers. The only way his numbers would add up is if doctors and hospitals take massive cuts in payments. He has said not one word about how this would come about.

Ferd Berfel

(3,687 posts)
16. An Open Letter to the Wall Street Journal on Its Bernie Sanders Hit Piece
Sun Feb 14, 2016, 01:34 PM
Feb 2016
http://www.huffingtonpost.com/gerald-friedman/the-wall-street-journal-k_b_8143062.html

Gerald Friedman's research was cited in a Wall Street Journal story about Bernie Sanders's proposals for government spending. Friedman responds to that story below.

It is said of economists that they know the cost of everything but the value of nothing. In the case of the article "Price Tag of Bernie Sanders's Proposals: $18 Trillion," this accusation is a better fit for the Wall Street Journal that published it.

The Journal correctly puts the additional federal spending for health care under HR 676 (a single payer health plan) at $15 trillion over ten years. It neglects to add, however, that by spending these vast sums, we would, as a country, save nearly $5 trillion over ten years in reduced administrative waste, lower pharmaceutical and device prices, and by lowering the rate of medical inflation.

These financial savings would be felt by businesses and by state and local governments who would no longer be paying for health insurance for their employees; and by retirees and working Americans who would no longer have to pay for their health insurance or for co-payments and deductibles. Beyond these financial savings, HR 676 would also save thousands of lives a year by expanding access to health care for the uninsured and the underinsured.

dsc

(52,162 posts)
17. this was both before his plan
Sun Feb 14, 2016, 01:47 PM
Feb 2016

and also doesn't address the big money. Administration just isn't that big a cost, no where near 5 trillion. Pharmaceuticals cost about 300 billion in total, devices cost about 100 billion. That leaves lowering the rate of inflation, and in point of fact he would have to do way more than that, to save anything like saving 5 trillion. We spend 3.0 trilion per year on health care, 978.1 billion on hospitals and 603.7 billion on physicians and clinics. That is where the money is and that is where the money would have to come from and Bernie hasn't said a word about how that would come about. That is what doesn't add up.

dsc

(52,162 posts)
19. One doesn't have to be an economist to see he hasn't said one word about
Sun Feb 14, 2016, 02:51 PM
Feb 2016

how these savings would be realized. We spend 3 trillion on health care per year. A savings of 5 trillion over 10 years is 500 billion per year. That is 1/6 of the money spent, in total, on health care. But according to Bernie's own plan we would have to save more like 40 percent. Doctors and hospitals take well over 50 percent all by themselves.

https://www.cms.gov/research-statistics-data-and-systems/statistics-trends-and-reports/nationalhealthexpenddata/downloads/highlights.pdf

No I am not an economist but I do teach math for a living. I know numbers and these numbers don't add up. He is being the equivalent of the person who tells you that you can eat whatever you want, do no exercise, and still lose weight if you just take this magic pill. Our doctors make considerably more than those in other countries. Here is the figures for general practisioners.



Here is one for doctors as a whole



Only the Netherlands has higher paid doctors than the US. No other country is even in the ballpark in those terms.

kristopher

(29,798 posts)
20. That doesn't help your argument. Where is your research on physician's preferences?
Sun Feb 14, 2016, 03:07 PM
Feb 2016

You are making a claim about what physicians want. Please present data elicited from at least 5000 GPs and we can start a conversation.

A normal randomized sample for polling would only need about 1000 interviews, but since we want to be sure that we've really covered our bases and minimized the chance of bias, I'm of the opinion that a 5000 subject survey which can yield high numbers for each potential demographic (age, income etc) would be worth the effort.

Stop trotting out that meaningless garbage if you want to be taken seriously.

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