TheBitCast

The Government is Already Paying for Your Health Insurance, Buddy

Podcast: Optimist Economy · Kathryn Anne Edwards and Robin Rauzi

Opublikowano: 2026-07-28

About 18% of U.S. GDP every year gets spent on health care. Half of that, 9%, is coming from the government, which is about the whole cost of other countries’ public health programs. In other words, for what the U.S. spends on Medicare, Medicaid, Tricare, VA benefits, and the tax write-off for employer-sponsored plans, we could have free basic health insurance for everyone. This is why the co-authors of the 2023 book “We’ve Got You Covered” describe the current health insurance system as a total tear-down. We could have universal insurance coverage for all with no tax hike if we starte...