https://amgreatness.com/2018/12/08/there-is-no-such
Americans are really beginning to sour on Obamacare, misleadingly titled the Affordable Care Act. Every year premiums go up, out of pocket costs go up, and care is only marginally better and in some cases worse, due to the influx of the sickest people into the healthcare system seeking generous, subsidized insurance.
Obamacare hasn’t delivered, even on its own terms. The most productive and enterprising Americans—small business owners and independent contractors—must foot monthly premiums of $1,000 or more in order to have the privilege of shelling out even more thousands in the event they get seriously ill.
In light of this debacle, some have resorted to magical thinking. Our favorite magician, young congresswoman-elect Alexandria Ocasio-Cortez (D-N.Y.), tweeted the following in favor of “Medicare for All”:
While conservatives have generally rejected solutions like this, the impulse that drives the desire is understandable. Medical inflation is enormous and grossly disproportionate to improved outcomes. Medicare is a generous and expensive program, but one that mostly serves its clients well. The elderly, who often need substantial medical care, are generally able to partake with minimal personal expense.
Medicare costs incurred by patients are certainly a fraction of what self-employed, the young, and others pay for healthcare. And medicare remains more or less solvent because lots of healthy and younger people are paying into the pool. In other words, there are multiple payers for each recipient. The same is true of Tricare, the medical insurance plan for military service members and their dependents.