Would Medicare-For-All Come With An Education Bonus?
This is the least-read thing I've ever written for Forbes, but I still wonder about the issue. So let me put it out there again.
The expansion of Medicare coverage as a path to universal healthcare for the U.S. has unleashed a great deal of debate from think tanks to water coolers. One of the biggest questions remain—how much would it actually cost, and what would the average citizen pay?
The answer to the first question is “a whole lot (but remember--we currently pay a large number of whole lots. The second part-- well, there are many possible plans floating around at the moment. Some argue that the overall cost of healthcare in the U.S. would come down, meaning savings for some folks and fewer profits for others. The government costs would go way up, necessitating increased taxes for everyone. But, argue supporters, the increased tax burden would be offset by the end of deductibles and co-pays; there’s also the hope, under some versions, that employers would save on healthcare costs and some of those savings could be passed on as wage increases. Plus, the extra wrinkle that businesses would no longer be able to use health care as leverage against striking workers.
There is one other wrinkle that seems to draw little or no discussion.
Public school employees, like other citizens, get their healthcare from their employers. But unlike CONTINUE READING: CURMUDGUCATION: Would Medicare-For-All Come With An Education Bonus?