«Breaking News» Michael Bloomberg says 2020 presidential rival Kamala Harris' 'Medicare for all' would bankrupt US

Michael Bloomberg has claimed California Sen. Kamala Harris' plan to abolish private health insurance in favor of 'Medicare for all' would bankrupt the country.

The former New York City mayor - who is considering running for the Democratic presidential nomination - rejected the idea endorsed by his 2020 rival, which is gaining traction in the party.  

'I think you could never afford that. You’re talking about trillions of dollars,' Mr Bloomberg said during a political swing in New Hampshire, where the nation’s first primary will be held next year.

Michael Bloomberg (pictured at a political swing in New Hampshire yesterday) has claimed abolishing private health insurance in favor of 'Medicare for all' would bankrupt the country

The former New York City mayor - who's considering running for the 2020 presidential election - said the move would cost trillions of dollars. He proposed providing it only to those currently uninsured

'I think you can have "Medicare for all" for people that are uncovered, but to replace the entire private system where companies provide health care for their employees would bankrupt us for a very long time.' 

While Bloomberg is considering running on a centrist position, Harris carved out a liberal platform on Monday night, telling an audience of Iowa Democrats that the United States should 'eliminate' all private plans and move everyone to a single-payer system.

'We need to have Medicare for all. That's just the bottom line,' Harris said during a CNN town hall event, declaring that she feels 'very strongly' about it.  

'The idea is that everyone gets access to medical care, and you don't have to go through the process of going through an insurance company, having them give you approval, going through the paperwork, all of the delay that may require,' she explained, concluding that private insurers should not be part of the system. 

Senator Kamala Harris of California made her first town hall appearance as a Democratic presidential candidate on Monday, saying she wants to abolish private health insurance

Harris spoke with reporters at Drake University on Monday night after the town hall event, hosted by CNN's Jake Tapper

'Let's eliminate all of that. Let's move on,' said Harris. 

Republicans were quick to mock what they typically call socialized medicine, something that has become more mainstream in the Democratic party since the early part of the 2016 presidential campaign cycle. 

GOP spokesman Michael Ahrens tweeted a dig at Harris that also doubled as a jab at former president Barack Obama's frequent promises about his namesake health law.

'Dems in 2009: If you like your plan, you can keep it,' Ahrens mocked. 'Dems in 2019: If you like your plan, we're eliminating it.'

Harris is advocating a 'Medicare for all' platform that would put government agencies in charge of health coverage; that's an approach that goes further than the Obamacare system, and had Bernie Sanders as its main advocate in 2016 

Harris also defended other positions she took as California's attorney general that are unpopular with some Democrats, saying at the Drake University event in Des Moines that they reflected her duty as the state's top law enforcement officer.  

CNN anchor Jake Tapper asked her about prosecuting death penalty cases, and about legislation requiring her office to investigate all fatal police-related shootings.

Harris, who was attorney general from 2011 until she became a U.S. senator in 2017, said she enforced the death penalty despite opposing it.  

DOES KAMALA HARRIS HAVE A POINT? HOW U.S. HEALTHCARE COMPARES TO CANADA'S AND THE UK'S SOCIALIZED SYSTEMS

CANADA

WHO PAYS AND HOW 

Each of the 13 provincial or territorial governments provides insurance called Medicare which can be used universally, with doctors or other providers billing the government insurance scheme for treatment. Almost all hospitals are public bodies paid for out of taxation, with almost all care delivered in them paid for from general taxation. Medicare does not cover prescription drugs, dentistry, ambulance costs and long term care and private health insurance is generally used to pay for them.

BY NUMBERS (2017)

Health care spending per capita: $4,826

Percentage of GDP spent on healthcare: 10.5% 

Percentage of healthcare spending by government: 70.5%

Life expectancy: 81.9

Infant mortality (deaths per thousands before age of one): 4.5 

WHAT SUPPORTERS SAY 

Income is not a factor in the quality of treatment; prescription drugs costs are far lower than in the U.S.; user fees are minimal

WHAT CRITICS SAY

Wait times are used to ration care; mental health care is badly underfunded; innovation is not rewarded; other countries have more cost-effective systems

UNITED KINGDOM 

WHO PAYS AND HOW: National Health Service (NHS) is free at the point of access throughout the UK for primary, hospital and outpatient care. It is funded from general taxation and regulated by the UK government. Prescription drugs are covered with a copay of $11.50 in England and are free in the rest of the UK; other co-pays are rare. Subsidized dental care is available but supply is less than demand. Private health insurance or paying out of pocket can be used to pay for non-emergency care and elective procedures. Long-term care is broadly not covered by the NHS.

BY NUMBERS (2017) 

Health care spending per capita: $4,246

Percentage of GDP spent on healthcare: 9.7% 

Percentage of healthcare spending by government: 79.4%

Life expectancy: 80.8

Infant mortality (deaths per thousands before age of one): 4.3

WHAT SUPPORTERS SAY

UK: Income is not a factor in the quality of treatment; healthcare is not a cost factor for businesses; the NHS has huge popular support

WHAT CRITICS SAY

UK: Care is rationed by waiting time and shortages; health outcomes vary radically from area to area; innovation in treatment is not incentived; some patients abuse the system because they are financially engaged in it; political rather than rational decisions affect the quality and availability of care; the current system is going to be unable to cope with growing demand due to an aging population 

USA

WHO PAYS AND HOW 

Hospitals, doctors and other healthcare providers bill insurance companies or providers for care of those with insurance. Private insurance by employers covers almost 50 per cent of Americans. Those over 65 are insured additionally through Medicare which is a combination of federal and state spending. Medicaid provides insurance for some on low incomes or with limited resources, 76 million in 2016. Most healthcare comes with co-payments or deductibles regardless of insurance provision. Provision varies from state to state. Long term care is covered for some by Medicaid. Military and veterans, and their dependents, have their own free at point of access healthcare funded from general federal taxation.

BY THE NUMBERS (2017) 

Health care spending per capita: $10,224 

Percentage of GDP spent on healthcare: 17.3%

Percentage of all healthcare spending by government: 64.7%

Life expectancy: 80.0

Infant mortality:  (deaths per 1,000 before age one: 5.8 

WHAT SUPPORTERS SAY

More effective treatments are incentived by letting people choose where they are treated; innovation is financially rewarded for individuals and institutions; U.S. hospitals pull in the best talent from around the world and draw in foreign cash for treatment 

WHAT CRITICS SAY

Millions live without insurance; millions more cannot afford co-pays for treatment or drugs; healthcare costs are a leading cause of personal bankruptcy; health outcomes are closely linked to income; healthcare is a high cost for private companies; government is already spending more than other advanced countries per capita with less to show for it

Sources: Kaiser Family Foundation, the World Bank, the CIA Factbook, Organisation for Economic Co-operation and Development 

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https://hienalouca.com/2019/01/30/michael-bloomberg-says-2020-presidential-rival-kamala-harris-medicare-for-all-would-bankrupt-us/
Main photo article Michael Bloomberg has claimed California Sen. Kamala Harris’ plan to abolish private health insurance in favor of ‘Medicare for all’ would bankrupt the country.
The former New York City mayor – who is considering running for the Democratic presidential nomination – ...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

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