Quote:
Originally Posted by O.A.F.K.1.1
So UK spend 124 Billion on UHC for ~70M people (less but rounding up for ease of comparison).
Pop of USA is ~5 times bigger (less but yadda yadda etc)
Is 620 Billion the same as 32 trillion?
32 trillion
over 10 years.
Also the UK spends more like 191 billion as of 2016 according to a quick Google, and it was going up at 3% per year, so probably more like 202 billion this year. And oh, wait, that was in pounds... Currently 1 pound = 1.3 dollars. So make that 263 billion.
We have 4.96 times as many people, which makes it 1.3 trillion per year. Suddenly instead of the US spending ~50 times as much per person under a Medicare for All plan, it would be less than 2.5 times as much.
But wait, it's even less significant of a gap. Due to inflation, year one of the 32 trillion calculation should be the cheapest, and we didn't even add inflation for next year to the calculation on the UK's costs.
Lastly, there's probably way less rationing of care under Medicare for All than under the NHS... But I could be wrong about that.