On: Economic Analysis of Medicare for All

[rednerrus]

If we removed the profit paid to investors, isn't there additional money to be paid to people facilitating healthcare and to bring the costs down?

It looks like there was $47 Billion, (~9%) in profit in healthcare companies in the US in 2018. https://www.axios.com/health-care-industry-on-track-massive-...

[fallingknife → rednerrus]

This accounts for less than 10% of the difference between healthcare spending between the US and other OECD states. See this report for a much more detailed analysis:

https://www.mckinsey.com/~/media/McKinsey/Industries/Healthc...