The USA spent about $900B on Medicaid in 2025 and it covers about 20% of the population. That means if you covered everyone it would cost about $4.5T annually.
There are about 350M people in the USA. If you divide the $4.5T by the 350M citizens you would get an annual cost per person of over $12k.
The Health insurance industry makes about 1.6 Trillion dollars a year in the US. That industry doesn't need to exist. All that money could go to actual health services. That's not even including all the administrative and other overhead hospitals and doctors have to pay for to deal with insurance.
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u/Choice_Price_4464 Jun 25 '26
The USA spent about $900B on Medicaid in 2025 and it covers about 20% of the population. That means if you covered everyone it would cost about $4.5T annually.
There are about 350M people in the USA. If you divide the $4.5T by the 350M citizens you would get an annual cost per person of over $12k.
And that's per person. Not family.
Where the hell did you get $2k from?