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Politics AP FACT CHECK: Sanders spins savings in Medicare plan

23:16  08 august  2018
23:16  08 august  2018 Source:   msn.com

Bernie Sanders’s $32 trillion Medicare-for-all plan is actually kind of a bargain

  Bernie Sanders’s $32 trillion Medicare-for-all plan is actually kind of a bargain The federal government would spend a lot more money on health care, but overall US health spending would be about the same as otherwise projected.That is how much federal spending would increase over 10 years under Bernie Sanders’s Medicare-for-all bill, according to a brand-new estimate from the libertarian-leaning Mercatus Center at George Mason University.

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Home > Medicare Resources Articles > Medicare Savings Programs: Getting Help with Medicare Costs. To apply for the Medicare Savings Program, visit your local Medicaid office or check the Medicare website for a list of contact information.

U.S. Sen. Bernie Sanders (I-Vermont) speaks in support of Abdul El-Sayed at a Get Out The Vote rally for Michigan Democratic gubernatorial candidate Abdul El-Sayed at Cobo Center in Detroit onSunday, Aug. 5, 2018. (Jacob Hamilton/Ann Arbor News via AP) © The Associated Press U.S. Sen. Bernie Sanders (I-Vermont) speaks in support of Abdul El-Sayed at a Get Out The Vote rally for Michigan Democratic gubernatorial candidate Abdul El-Sayed at Cobo Center in Detroit onSunday, Aug. 5, 2018. (Jacob Hamilton/Ann Arbor News via AP)

WASHINGTON — Sen. Bernie Sanders is skimming over the facts in claiming that his "Medicare for all" plan will lead to big reductions in what Americans spend for health care.

In a recent tweet, the Vermont independent insists the plan will cut $2 trillion from the nation's health care bill.

But that's based on a scenario in which hospitals and doctors accept significantly lower payments for many patients. It's a big asterisk, and one that Sanders fails to disclose.

Democrats seize on cherry-picked claim that ‘Medicare-for-all’ would save $2 trillion

  Democrats seize on cherry-picked claim that ‘Medicare-for-all’ would save $2 trillion When something sounds too good to be true, it usually is.“We know that Medicaid expansion and Medicare-for-all actually save this state and this nation $2 trillion if it were fully implemented.

( AP /Andrew Harnik). Sanders ’ plan would essentially expand Medicare to cover everyone, rather than just those older than 65. Support independent fact - checking . In a world of wild talk and fake news, help us stand up for the facts .

Bernie Sanders has proposed a " Medicare for all" plan to shift the country toward single-payer insurance. Charlie Riedel/ AP . But polls suggest that the prevailing sentiment is ambivalence. Saving money on health insurance holds lots of appeal.

A look at the claim:

SANDERS: "Medicare for All will lead to a $2 TRILLION REDUCTION in national health expenditures over 10 years." — July 30 tweet.

THE FACTS: Sanders' vision of El Dorado in his tweet and a YouTube video is being widely echoed by supporters of a government-run national health system. But Sanders mischaracterizes a study from a libertarian policy institute that found his legislation would actually lead to a massive boost in federal spending and taxation.

The study from the Mercatus Center at George Mason University in Virginia also concluded that "Medicare for all" is unlikely to produce a dividend for U.S. society in the form of lower total health care spending. To get that result would require paying hospitals and doctors much less than they get now and risk putting some out of business.

In Michigan, Bernie Sanders' latest risk comes up short

  In Michigan, Bernie Sanders' latest risk comes up short Why aren't more Bernie Sanders-backed candidates winning? There are a few relevant angles to keep in mind. The first is the fact that Sanders has taken some pretty significant risks, rallying behind relative long-shot candidates solely on principle, without much regard for their prospects. If the Vermonter simply wanted to boost his overall success rate, he could throw his support behind more likely winners. To his credit, Sanders seems indifferent to appearances.Second, there seems to be an enduring pragmatic streak among much of the Democratic base.

___ SANDERS : "Our Medicare -for-all, single-payer proposal will save the average middle-class family ,000 a year." CLINTON: "The numbers don't add up." THE FACTS : Two early assessments suggest that his accounting comes up short, although more detail and analysis are needed on Sanders ' plan

Bernie Sanders ’ health care plan , saying he wants to “dismantle Medicare ” and private insurance and that he would turn The Washington Post Fact Checker gave Sanders two Pinocchios in November for saying: “I helped write the Affordable Care Act. Don’t get spun by internet rumors. The Quiz.

The study found that if hospitals and doctors were willing to accept Medicare-based payments of 40 percent less for patients who currently have private insurance, then projected U.S. health care spending would decline by about 3 percent from 2022 to 2031, or $2.05 trillion.

That's the number Sanders is celebrating.

But the study also said if medical providers continue to be paid about the same as now, U.S. health care spending would increase by $3.25 trillion over 10 years under "Medicare for all." It works out to about 5 percent more.

That's far different from Sanders' assurance that his plan "will lead" to huge spending reductions.

The study concludes it's unlikely.

"More generous health care insurance would be provided to everyone at the expense of health care providers," it said. "Whether providers could sustain such losses and remain in operation, and how those who continue operations would adapt to such dramatic payment reductions, are critically important questions."

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