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this post was submitted on 15 Aug 2024
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The $100+ billion per year comes from an analysis of Sanders' Medicare for All plan by the libertarian think tank Cato Institute. So basically the worst case scenario that is very unlikely.
The $7 tax vs $10 date insurance is hypothetical to make a point. But if you want a real world example, you can compare our largely private system with countries that have socialized systems. 19% of our GDP goes towards healthcare costs vs 11-12% how other developed countries. So if we had something like theirs, most people would get a 10% raise in their income.
It would not be Medicare for All nor a better deal if people could simply opt out. Republicans would simply whittle it down to being worthless otherwise.