EXCLUSIVE: Brian O’Kelley says he’s capped his wealth to $100 million. The tech founder tells Fortune, billionaires are wasteful, out of touch, and “othered” from real life.
I love the sentiment but want to make sure it’s understood that M4A would cost less, not more, than what we have today. The US government already spends more per citizen on healthcare than most governments with universal programs. The money just doesn’t go to healthcare, it pays for profits and unnecessary overhead (like CEO salaries) at insurance companies, physician networks, hospitals, and medical suppliers.
Good for him.
Raise the taxes, remove the cap on FICA contributions, implement universal healthcare.
I love the sentiment but want to make sure it’s understood that M4A would cost less, not more, than what we have today. The US government already spends more per citizen on healthcare than most governments with universal programs. The money just doesn’t go to healthcare, it pays for profits and unnecessary overhead (like CEO salaries) at insurance companies, physician networks, hospitals, and medical suppliers.
Then the US is nor spending that money per citizen, now is it?
“Per citizen” doesn’t imply that the money is going to each citizen. It just means “total spent divided by the number of citizens”.
The government is spending it, then the private system is skimming from it.