Presidential candidate Bernie Sanders is pushing the idea of a universal health care system in the United States. He is among the front runners in polling, so it is actually having an effect on housing stocks. The U.S. already spends more of its GDP -- 17 percent in 2017 -- on health care than any other nation.Question: Would a universal health care system benefit the U.S. economy in the long run?Phil Blair, ManpowerYES: Universal health care will level the playing field for a basic human need. There will be very hard questions about what services are basic and what higher level of service can be bought on the open market. Also, if government cannot provide consistent, quality health care at an affordable price, we will need to empower the non-government, private sector health care system to cover all Americans. Kelly Cunningham, San Diego Institute for Economic ResearchNO: Government and government-subsidized insurance companies currently account for most spending on health care. … [Read more...] about Econometer: Would universal health care help the U.S. economy?
Privatization health care
Republican Sen. Rick of Scott, one of the Republican senators President Trump has tasked with devising a replacement for the Affordable Care Act, denounced the "Medicare for all" proposal, warning that the progressive plan endorsed by several 2020 Democratic White House hopefuls would "ruin" the health care system in the U.S. "We do know that Medicare for all, which Senator Sanders is all in on, is going to just ruin our health care system," Scott said on "Face the Nation" Sunday. "It's going to ruin Medicare," he added. "And it's also going to ruin private insurance." Transcript: Sen. Rick Scott on "Face the Nation," March 31, 2019 The Florida Republican, a freshman senator who once led one of the largest for-profit private health care companies in the U.S., said the cost of health care and prescription drugs is too high. His comments echoed remarks made by his Senate colleague and 2020 Democratic presidential candidate, Bernie Sanders, earlier on "Face the Nation." … [Read more...] about Rick Scott says Medicare for all will “ruin health care system”
Tom James, Associated Press Updated 10:15 pm PST, Friday, March 8, 2019 FILE - In this Wednesday, Feb. 27, 2019 file photo, Washington Gov. Jay Inslee sits in front of the state seal as he takes part in a conference call meeting with members of the AARP, at the Capitol in Olympia, Wash. Inslee's proposal for a limited public health care option cleared the state House of Representatives Friday, March 8, 2019, advancing what he has called the most practical option for expanding health coverage — and bringing to his state a national debate over what universal health care means. less FILE - In this Wednesday, Feb. 27, 2019 file photo, Washington Gov. Jay Inslee sits in front of the state seal as he takes part in a conference call meeting with members of the AARP, at the Capitol in Olympia, ... more Photo: Ted S. Warren, AP … [Read more...] about State public health care plan clears Washington House
Americans already spend more on health care than the citizens of any other country. That gap is projected to widen, with health care spending expected to consume almost 20 percent of gross domestic product by 2027. The surge in health care spending will be due to a potent mix of two trends, according to the new estimate from the Centers for Medicare & Medicaid Services, which estimates that medical spending will consume 19.4 percent of GDP by 2027, up from 17.9 percent in 2017. The aging baby boomer population, which will require more medical treatment as they enter their 60s, 70s and 80s, combined with rising health care costs, are at the root of the projected growth. Health care spending will grow at an average annual rate of 5.5 percent during the next 8 years, or about 0.8 percent faster than GDP growth, the study found. Those types of trends are sparking debate among lawmakers, consumers, investors and businesses about why the U.S. spends so much more on … [Read more...] about Health care spending in America to consume 1 in 5 U.S. dollars
Ricardo Alonso-zaldivar, Associated Press Updated 8:09 am PDT, Tuesday, October 9, 2018 President Donald Trump gives thumbs up as he steps off Air Force One as he arrives Monday, Oct. 8, 2018, at Andrews Air Force Base, Md. Trump is returning from Orlando, Fla. Forget “Obamacare.” President Donald Trump has found a new target when it comes to ideas from the Democrats for the nation’s health care system. Before the midterm elections, Trump is going after “Medicare for All,” the rallying cry of Sen. Bernie Sanders. less President Donald Trump gives thumbs up as he steps off Air Force One as he arrives Monday, Oct. 8, 2018, at Andrews Air Force Base, Md. Trump is returning from Orlando, Fla. Forget “Obamacare.” President ... more Photo: Alex Brandon, AP Photo: Alex Brandon, AP Image 1 of … [Read more...] about AP FACT CHECK: Trump distorts Democrats’ health care ideas