Analysis pegs Bernie Sanders socialist utopia plan at 32.6 trillion. Ready for what his own evaluation said?

[sharenow]

Sen. Bernie Sanders’ “Medicare for all” plan got a severe reality check.

A new analysis found that the plan from the Vermont Senator would increase government health care spending by $32.6 trillion over the next decade, according to an Associated Press report.

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A study by the Mercatus Center, a libertarian policy center at George Mason University in Virginia,  Sanders’ plan which builds on Medicare would lead to unprecedented tax increases as the government steps in to fund what employers and consumers now pay for health care.

While administration and drug costs would see some savings, spending would ultimately be driven up with an increased demand for care, the report found.

No copays and deductibles would be required for medical services under Sanders’ plan, which would also relegate the insurance industry to a smaller role.

The author of the study, Charles Blahous, a senior economic adviser to former President George W. Bush and a public trustee of Social Security and Medicare for former President Obama, warned of the “transformative” effect on the federal government.

“Enacting something like ‘Medicare for all’ would be a transformative change in the size of the federal government,” he said.

Sanders slammed the Koch brothers-funded Mercatus Center and its “grossly misleading and biased report.”

“If every major country on earth can guarantee health care 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,” Sanders said in a statement. “This grossly misleading and biased report is the Koch brothers response to the growing support in our country for a ‘Medicare for all’ program.”

But for all the blustering by the Vermont independent, one glaring omission stands out from the dispute. Team Bernie has not actually even looked into the plan and done a cost analysis, according to a spokesman.

Twitter users called out Sanders for disputing the cost analysis of his proposal without ever even having it analyzed.

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[sharenow]
Frieda Powers

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