AÂ Kaiser Family Foundation survey released this week found that a majority of Americans support a government-run “single payer” “Medicare-for-all” healthcare scheme until they’re told that it’s going to cost them more in taxes.
The survey found thatÂ 56 percent of the public supports Medicare-for-All, which is being pushed by Democratic Socialist Rep. Alexandria Ocasio-Cortez and other Left-wing progressives in Congress, including full-on Socialist Sen. Bernie Sanders of Vermont.
That compares to 42 percent who oppose the idea.
However, when Kaiser pollsters informed respondents that in order to implement such a single-payer plan they would have to pay more in taxes, support tanked to just 37 percent,Â The Hill reported.
The news site noted further:
The poll finds that most people (77 percent) are aware that they would have to pay more in taxes to fund a Medicare for all system, but that a majority of people (55 percent) erroneously believe they would be able to keep their current health insurance under a full-scale Medicare for all proposal.
Congressional Democrats are split over whether to focus on simply improving the Affordable Care Act or on being more ambitious and pushing for Medicare for all.
It’s not clear whether the pollsters informed respondents just how much more in taxes they would have to pay in order to finance a massive single-payer plan for more than 320 million Americans.
A recent estimate by the Mercatus Center estimated that in the first decade alone, Medicare-for-All would cost $32.6 trillion and that by 2031, federal spending on healthcare would comprise 12.7 percent of all economic activity.
“Financing such a massive cost increase would be extremely challenging. Even doubling all federal individual and corporate income tax collections would fall short of fully funding the plan,” the center said.
Such a plan is so expensive that even lawmakers and leaders in Sanders’ home state of Vermont, who were all-in on single payer, found that it was unaffordable.
“If Vermont canâ€™t make it work, single-payer canâ€™t work anywhere in the country where the economy has free and competitive markets. Itâ€™s more evidence that centralized government health care is simply not workable in America,”Â Grace-Marie Turner of the Galen InstituteÂ told National Review.
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