Quote:
Originally Posted by Pete F.
So the math works and looks like this
In 2017 Americans spent 3.5 trillion on healthcare https://www.cms.gov/Research-Statist...17.9%20percent.
3.5 x 10 years is 35 trillion assuming zero growth in spending.
In 2017 healthcare grew by 3.9%, so if we are really silly and assume it would grow at roughly half that say 2% the total expenditures after 10 years would be 39 trillion and still not cover 32 million people.
Assuming it would grow at the same rate puts the number at 43.5 trillion and without changes the uninsured population would increase.
Every other developed country has figured out how to control healthcare costs, make sure it is available to all and spend far less.
The only thing either party has been successful in regarding healthcare costs is in increasing them and getting money for campaigns and jobs as lobbyists. |
Pete, here is how math works:
They estimate 35 Trillion over the next ten years, which averages to 3.5 trillion per year (assuming constant year dollars).
A L L federal income receipts in 2018 (individual, corp, SocSec, etc) came to about 3.4 trillion.