Shocker: Bernie Sanders Health Care Plan Is A $30+ Trillion Economic Catastrophe

Shocker: Bernie Sanders Health Care Plan Is A $30+ Trillion Economic Catastrophe

Matt Vespa

Matt Vespa @mvespa1

Posted: Jul 30, 2018 2:25 PM

https://townhall.com/tipsheet/mattvespa/2018/07/30/shocker-bernie-sanders-health-care-plan-is-a-30-trillion-economic-catastrophe-n2505053

Lefty darling Alexandria Ocasio-Cortez loves it, as does Sen. Bernie Sanders (I-VT). It’s health care for all people. Single-payer is a core tenet of left wing Democrats. It’s sounds great on paper. It resonates with brain-dead Millennials who don’t know their a** from their elbow. And it’s ruinously expensive. The cost is the same as it ever was at $30+ trillion (via AP):

Sen. Bernie Sanders' "Medicare for all" plan would increase government health care spending by $32.6 trillion over 10 years, according to a study by a university-based libertarian policy center.

That's trillion with a "T."

The latest plan from the Vermont independent would require historic tax increases as government replaces what employers and consumers now pay for health care, according to the analysis being released Monday by the Mercatus Center at George Mason University in Virginia. It would deliver significant savings on administration and drug costs, but increased demand for care would drive up spending, the analysis found.

[…]

Responding to the study, Sanders took aim at the Mercatus Center, which receives funding from the conservative Koch brothers. Koch Industries CEO Charles Koch is on the center's board.

[…]

Sanders' office has not done a cost analysis, a spokesman said. However, the Mercatus estimates are within the range of other cost projections for Sanders' 2016 plan.

It’s not just Mercatus. Even The Washington Post noted that single-payer is absurdly expensive. They were commenting on California’s push for a single-payer system, which was a massive $400 billion effort that included zero mechanisms within the legislation for how it would be funded. California Assembly Democrats balked, and oh how the hate was hurled at them for that last year. Colorado voters also sunk a universal health care initiative. The Post even noted in 2016, how Sanders’ plan could be a disaster for the working poor. Yet, Democrats seem to be looking at the bigger picture regarding socialized medicine, but when voters are told that their employee-based health care plans would be cannibalized in the transition to a single-payer system, support drops…tremendously [emphasis mine]:

The public is divided over a single-payer health care system, with 47 percent favoring such an approach and 46 percent opposing it.

But when supporters are told that all health care costs would be covered under a single-payer system — but that it would eliminate employer plansand that there would be only one government plan — the numbers move to 36 percent favor, 55 percent oppose.

So, it’s not a popular policy proposal. Only the insufferable and urban-based professional Left likes this garbage policy, which by the way isn’t working that well in the United Kingdom. 

UPDATE: Via Twitchy liberal Kirsten Powers tried to downplay the price tag, while criticizing AP for reporting on Sanders’ ruinously expensive health care proposal. It turned out poorly.