He’s proposed a single-payer healthcare scheme that is being called “Medicare for all.”
According to Sanders and other advocates, the government’s health system is a good role model: People pay a tax while working and they get health care when they’re old. But there’s a not-so-slight problem with that approach. For every dollar that Medicare recipients paid to the program, taxpayers are financing three dollars of spending.
That approach is workable (though only in the short run) for Medicare. But it won’t work if government is paying for everyone’s health care.