this post was submitted on 10 Oct 2023
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Futurology

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[–] vic_rattlehead@lemmy.world 0 points 1 year ago (1 children)

If we implemented socialized healthcare and UBI, could we eliminate social security, medicare, medicaid?

[–] BB69@lemmy.world 0 points 1 year ago

Social Security would require a higher amount than 1k a month, lots of social security recipients get more than that. You’d be looking at a tiered system, which eliminates the U in it.

Medicare and Medicaid yes, but you’d be supplementing with higher taxes (a net positive more likely anyways since the higher taxes would likely be lower than the cost of private insurance)