We hear of proposals regarding state-run health care (sometimes called "single-payer"). On the surface some of these may sound good - that is, until we look at the underlying costs. Costs in terms of money, and costs in terms of loss of personal autonomy. Do you really want for example, to have big government tell you that private health plans are outlawed? Most people want freedom to choose their own health plans. Regarding the financial cost, the �Medicare for All� bill (S. 1804) would cost a breathtaking $32.6 trillion over 10 years! That number is so large that it's hard to fathom it. In fact, this adder is larger than our national debt, which is about $21.48 trillion. Whoa! Now that is an adder! How to pay for this you may ask - well, "the government will pay for it!" But people need to realize that when they say the government will pay for it, that it translates to higher taxes and less take-home pay. The Sander's plan pushes for a 40% reduction in pay to doctors and hospitals. On the surface, this too, may sound nice - but just think for a moment of reality. When is the last time you were at the hospital? Nurses are carrying more and more of a load, as they work 12 hour shifts. Some hospitals are having a hard time keeping their doors open. Part of the problem is excess regulations, that don't help health care.
Here is a link to the original article upon which this interview is based: https://www.heritage.org/health-care-reform/commentary/new-study-shows-huge-cost-sanders-medicare-all-plan
Participants: Dr. Robert Moffit, Dan Elmendorf