Optimist Economy
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Episode 27Jul 28, 202648:19

The Government is Already Paying for Your Health Insurance, Buddy

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The Government is Already Paying for Your Health Insurance, Buddy - Optimist Economy Podcast Episode Cover

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 started building from the ground up.

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Published
Jul 28, 2026
Duration
48:19
Episode Number
Episode 27

The Government is Already Paying for Your Health Insurance, Buddy