Medicare for All would be great, at the prices being quoted by folks on here. But I bet your premiums and deductibles aren't covering your costs, especially at your age. Over 65 spending is around $18K per year.
Average in the US is $7-12K across age groups and genders (depending on how it's counted).
The problem with traditional fee-for-service Medicare is that there is no mechanism to reign in those costs - doctors get paid pretty much no matter what they order. So they order a lot.
For Medicare Advantage, it's more a capitation model where the insurance co is paid per patient, and their incentive is supposed to be to keep the patient healthy and thus less costly. That's the theory.
Incentives matter, and getting them right in healthcare is a messy task.
The issue with the medical system is that there are a whole bunch of middle men leeching cash out at every possible point. Medicare for all would be one step to cutting back on this waste
Average in the US is $7-12K across age groups and genders (depending on how it's counted).
The problem with traditional fee-for-service Medicare is that there is no mechanism to reign in those costs - doctors get paid pretty much no matter what they order. So they order a lot.
For Medicare Advantage, it's more a capitation model where the insurance co is paid per patient, and their incentive is supposed to be to keep the patient healthy and thus less costly. That's the theory.
Incentives matter, and getting them right in healthcare is a messy task.