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Comments by "" (@thehumanity0) on "The Truth Is: Medicare for All Will Save Americans $2 Trillion" video.
$17 Trillion more realistically though if you implement a growth rate into the math on calculating how much our current system costs. The Koch Brothers study didn't even add a growth rate into their calculations when our current system has been increasing in cost by about 5.6% every year. If costs go up by 5.6% every year with our current system, it will cost roughly $49 Trillion over a 10 year period, which means Medicare for All would save $17 Trillion realistically.
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It will be a lot more than $2 Trillion in savings. The Mercatus Center study did not even utilize a growth rate in their study on how much our current system has been increasing in cost every year. The current growth rate on our current healthcare system is 5.6%, so if the cost goes up 5.6% every year over a 10 year period, our current system will realistically cost $49 Trillion over 10 years. Compared to the $32 Trillion of Medicare for All, we would save roughly $17 Trillion.
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