Koch-Funded Hit Piece Backfires: Shows *Medicare For All* Would Save $2Trill Over 10 Yrs.
"Koch-Funded Hit Piece Backfires: Shows Medicare for All Would Save 'Whopping $2 Trillion' Over Ten Years While Covering Everybody," Common Dreams, By Jake Johnson, July 30, 2018.
- If every major country on Earth can guarantee healthcare to all, and achieve better health outcomes, while spending substantially less per capita than we do, it is absurd for anyone to suggest that the United States cannot do the same.-
If the billionaire Koch brothers really want to undermine the economic case for Medicare for All, they have a funny way of showing it. Judging by the headlines alone, it would appear that the newly published study projecting that Sen. Bernie Sanders' (I-Vt.) widely popular Medicare for All plan would cost $32.6 trillion over the next decade was conducted by an official, neutral body seeking the facts, not pushing an agenda.
"Even if you take the report's headline figures at face value, the picture it paints is that of an enormous bargain. We get to insure every single person in the country...and save everyone from the hell of constantly changing health insurance all while saving money." —Matt Bruenig, People's Policy ProjectRead a bit further, though, and you'll discover that the analysis—released Monday morning—was produced by the George Mason University-based Mercatus Center, which has received millions of dollars in funding from the right-wing billionaires Charles and David Koch, who have previously expressed support for abolishing Medicare and Medicaid entirely.
"This grossly misleading and biased report is the Koch brothers' response to the growing support in our country for a 'Medicare for All' program," Sanders said in response to the study, which was penned by Charles Blahous, who previously worked as a senior economic adviser to former President George W. Bush. But as Matt Bruenig of the People's Policy Project notes—though absent or buried in much of the initial reporting—even the Koch brothers' numbers, which Sanders says are vastly inflated, demonstrate that the "U.S. could insure 30 million more Americans and virtually eliminate out-of-pocket healthcare expenses" while saving "a whopping $2 trillion" in the process.*
"At first glance, it is strange that the Mercatus center...would publish a report this positive about Medicare for All," writes Bruenig. "The claim that 'even the Koch organizations say it will save money while covering everyone' provides a useful bit of rhetoric for proponents of the policy," he adds. "But the real game here for Mercatus is to bury the money-saving finding in the report's tables while headlining the incomprehensibly large $32.6 trillion number in order to trick dim reporters into splashing that number everywhere and freaking out." This "strategy," Bruenig notes, was quite successful.
While most outlets don't even mention the buried cost-saving conclusion of the Mercatus report, Axios—whose headline reads "Bernie's 'Medicare for All' predicted to cost nearly $33 trillion"—includes this line at the very bottom of its piece, in the cost nearly $33 trillion"—includes this line at the very bottom of its piece, in the "worth noting" section: "All told, 'Medicare for All' would actually slightly reduce the total amount we pay for health care." READ MORE, https://www.commondreams.org/news/2018/07/30/koch-funded-hit-piece-backfires-shows-medicare-all-would-save-300-billion-over-ten
~ HAPPY 53RD BIRTHDAY MEDICARE! July 30, 1965
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