this post was submitted on 12 May 2025
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Good news, that's what Trump is already doing.
The only--ONLY--medical metric that we lead the world on is per capita spending on healthcare. In 2022, we spent an average of $15,222 per person in the US. The next worst country--Switzerland--spent about $8000 per capita. When you compare outcomes, Switzerland gets very nearly identical outcomes to the US, but spends far less per person. And Switzerland does NOT have single-payer healthcare. Canada spends $6000 per capita on healthcare coverage, and leads the US in most outcomes.
Yes, more in taxes, less (none) in paying premiums, co-pays, or deductibles. So as far as income in your pocket goes, and in terms of medical outcomes, you come out ahead in a single-payer system. Think about it for a second; what's your annual deductible? The insurance I can get through my workplace has an annual deductible of $7000 per person. That means that, aside from visiting my GP, I need to spend $7000 before insurance covers anything at all. That's on top of the $6500 I would have to pay in premiums. After I hit my deductible, insurance covers 80% of my costs, until I've paid a total of $11,000 out of pocket, then it covers everything. So I would have to pay at least $17,500 in a calendar year before insurance picked up everything. If I don't have insurance because I can't afford $250 every two weeks? Then I get the whole hospital bill for everything, which, in most cases, means people declaring bankruptcy. What I'm saying is that you can take that --OR-- you can take $50 out of everyone's paycheck (scaled to income level probably, and based on a risk pool of 330M people) and just be covered, period, no copays, no deductible, no worries that you're gonna be bankrupted by a hit-and-run driver that sends you to the ER.
Sounds like you have a high deductible plan.
No. It's a basic silver PPO, and my employer would pay more per month than I do. And HDHP (bronze level) would have a higher individual deductible, and lower premiums.