When it comes to Medicare For All, a cute way of saying Single Payer, we already know it would be beyond expensive. It was too much for tiny Vermont to run, and studies found that the California proposal would see it cost twice the yearly Ca. budget, a number so high that the Ca. general assembly leadership refused to bring it up for a vote. But, Democrats won’t give up on it, so
Health care CEO: Medicare for all ‘would just collapse the system’
Health care is becoming a main point of contention as the U.S. gears up for the 2020 presidential election. Several Democratic presidential candidates, including Sens. Bernie Sanders (I-VT) and Kamala Harris (D-CA), have called for Medicare for all, while Republican politicians like Mitch McConnell are in favor of cutting health care spending.
Medicare, along with Medicaid and Social Security, are the largest expenses in the U.S. And according to eHealth CEO Scott Flanders, this is “all the more reason†why an idea like Medicare for all is “nearly irrational†to discuss.
“You’re already saying that it’s a challenge to fund what we’ve already committed to our seniors,†Flanders said on Yahoo Finance’s On the Move. “So, to layer on another 180 million people outside of the employer market into Medicare would just collapse the system.â€
I’m sure people like Bernie and Kamala will totally say that it wouldn’t happen, but have no facts to back that up.
The Congressional Budget Office stated in a May 2019 report that a single-payer health care system transition “could be complicated, challenging, and potentially disruptive.â€
As it stands, approximately 156 million Americans are insured through their employer, while another 21 million are insured through the private market. At the same time, more and more Americans are becoming uninsured in the Trump era.
In Sanders’ proposal, Americans would gain universal health care coverage, while employers would be prohibited from providing separate plans. However, it would also require at least $3 trillion a year in new government revenue, as Yahoo Finance previously reported, leading to higher corporate and individual taxes.
“The bill that’s been promulgated by Bernie Sanders would actually outlaw all private insurance,†Flanders said. “So, 180 million employer-insured individuals and families would lose the insurance they have now.
Wouldn’t it be simply awesome to have the Central Government fully in charge of your health insurance/health care? I mean, they do such a great job with so many other things, right? And they’re super responsive! And this wouldn’t be subject to the whims of Congress, judges, presidents, political appointees, and unelected bureaucrats, right?
I’m sure people will like to attack Flanders personally, make an issue about his salary, assign bad motives, but, who would know the way health care and insurance work better than someone like Flanders? Instead, we’re supposed to listen to politicians with delusions of grandeur who’ve never actually worked in either insurance nor health care? Flanders has to take into account client care vs company profit. Those pushing Medicare For All are only considering their personal power and how to give government more power over citizens, the better to control their lives.
