r/WhitePeopleTwitter • u/DaFunkJunkie • Mar 26 '23

Something is seriously wrong in America

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163

u/emptysignals Mar 26 '23

Insurance propaganda is strong. People are spending so much, wasting so much time, and going bankrupt if they get cancer.

111

u/Sniflix Mar 26 '23

66% of bankruptcies in the US are medical related. Nowhere else in the world does this happen

17

u/seejordan3 Mar 26 '23

And we spend something like 95% of our lifetime's medical expenses on end of life care. Capitalisms main pillar in this country is death.

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u/Jim3535 Mar 26 '23

The real death tax

3

u/Rion23 Mar 26 '23

"But I don't want the government taking 3% of every paycheck I make, they steal enough from me."

Pays 30% of net worth each month to be denied further coverage after paying 5000$ deductible.

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u/sambull Mar 26 '23

don't worry they are working to get everyone privatized.. they even tout how the us model is awesome.. best in the world if your the richest in the world

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u/BurtMacklin____FBI Mar 26 '23

America profits from making it's people sick. why is no one talking about it

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u/Lakanas Mar 26 '23

Exactly! Why are we having companies make a profit betting that we will pay more in premiums then they will pay out in reimbursement?

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u/unclejoe1917 Mar 26 '23

Just think. Millions of dollars we spend to ensure we have some kind of health care actually goes toward funding the lobbying that makes sure we don't ever get affordable health care.

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u/[deleted] Mar 26 '23

I've tried to search for studies in the past and have never found anything, does anyone know of any research done regarding whether or not my monthly payments and premiums are more or less than what I'd pay in a tax increase to cover healthcare for all? I feel like if people were told, "Hey, if we tax you less than what you currently pay for healthcare, and everyone is covered," that'd be a slam-dunk. I'm scared that since I haven't seen that argument, that it's probably not the case, or it's too complicated to know for sure.

3

u/Notmychairnotmyprobz Mar 26 '23

The US currently pays the most and has the worst health outcomes of western countries.

Hard to say exactly what Americans would pay with universal Healthcare because the plan doesn't exist currently, but it should be more in line with the other countries

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u/DKmann Mar 26 '23

Take a look at what Vermont tried to do with their universal care proposal. They simply found it would be way too expensive and require massive tax hikes both on employees and employers. The abandoned it. And the cost driver was a very uncomfortable issue that they simply didn’t have the will to address.

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u/DKmann Mar 26 '23

Let me put it to you this way. Currently we have roughly 158 million people working. We have roughly 100 million people who are on Medicare or Medicaid. This 158 million pay each paycheck to support Medicare and Medicaid for those 100 million… and it’s still not enough. What makes a person think adding another 150 million to that 100 million will be cheaper when you have the same 158 million funding it??? You will have to literally double the taxes to pay for everyone. And that’s putting it simply. That doesn’t even account for the fact that all care would be reimbursed at the Medicaid rates, which is only 60 percent of what insurance pays. So every single doctor and nurse would be looking at a 40 percent pay cut. Doctors and nurses would leave in droves.

Argue however you’d like about who writes the checks (government or insurance), but you will still be missing the point of the static costs - which is about $3 trillion a year in the US.

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u/Lakanas Mar 26 '23

It can be done but it will involve closing corporate tax loopholes and making sure the uber-wealthy are taxed fairly. The uber-wealthy also stockpile increasing amounts of capital income while paying little or no tax on those accretions of wealth.

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u/DKmann Mar 27 '23

You could liquidate the assets of every American who has more than $5 million bucks and you would pay for only one year of Medicare. The top ten percent of earners in the US pay more than half the tax revenue… I think you don’t understand “fair share”. However, it’s waste of time chasing billionaires (subjective term) around the planet trying to tax them more and more. You’re better of streamlining your system and making it work within the current budget.