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The US government could do MFA (Medicare for all) for a lot less than the current private 3rd party insurers but not that much less -- maybe 30% to 35% less.
US medical worker and professional wages are not going to be cut 70% and the overhead of the system will not magically disappear -- that is pie in the sky thinking.
Wall Street healthcare and Pharma stock as well as REITs for medical RE Property would get trashed but the economy would benefit in the long run.
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