FAST FIVE: The Unseen Costs Of "Medicare For All"
But what about the non-financial costs like doctor shortages, foregone treatment due to lack of access to care and tens of thousands of deaths due to overly aggressive care.
Indeed, Medicare reimbursements have been estimated to be 40 percent lower than private insurance payments.
Lack of Access Will Bring Unhealthy Results With greater demand straining a system with dwindling supply, a new cost to patients will emerge: time.
The rich would have timely access to quality care, while the poor would be left to compete against each other for what little facetime they can get with a doctor.
Switching millions of people from private insurance onto Medicare will drastically increase administrative costs, making it even less likely for Medicare to adequately reimburse doctors and hospitals.