Proponents of a single-payer system for health insurance have a knee-jerk reaction when challenged–mindlessly reciting the mantra, Medicare For All! The problem is that even though Medicare is one of the most popular government programs–a sacred cow politically–its expansion to cover all Americans would never work.
Backers fail to take basic actuarial science into account. Just do the math!
We pay Medicare premiums the moment we start working, and keep paying for 40-plus years before drawing a benefit. Those who die before 65 never draw a benefit.
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