Health insurance premiums, deductibles, copays, coinsurance, ambulance rides, hospital stays, dental, vision, and drug costs are all private taxes. What you're paying goes to fund a profitable insurance company that takes in as much of your money as it can, and pays out as little as it can get away with, keeping the remainder for itself. Furthermore, those insurance companies conspire with your doctor to set artificially high prices that mutually benefit the doctor and insurance company's business interests.
Currently, the average worker pays $7,100 in private taxes for their health care restricted within their provider network.
Under M4A, that same private worker would get universal access to health care for $2,440 (4% of their income).
The household median income in this country is $61,000. In the current system, the average worker pays $7,100, or 12% of their income. Bernie's M4A plan sets a rate of 4% of your income.
So is 4% > or < 12%?
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