Skip to comments.Medicare for All Would Abolish Private Insurance. ‘There’s No Precedent in American History.’
Posted on 03/23/2019 1:04:34 PM PDT by reaganaut1
At the heart of the Medicare for all proposals championed by Senator Bernie Sanders and many Democrats is a revolutionary idea: Abolish private health insurance.
Proponents want to sweep away our complex, confusing, profit-driven mess of a health care system and start fresh with a single government-run insurer that would cover everyone.
But doing away with an entire industry would also be profoundly disruptive. The private health insurance business employs at least a half a million people, covers about 250 million Americans, and generates roughly a trillion dollars in revenues. Its companies stocks are a staple of the mutual funds that make up millions of Americans retirement savings.
Such a change would shake the entire health care system, which makes up a fifth of the United States economy, as hospitals, doctors, nursing homes and pharmaceutical companies would have to adapt to a new set of rules. Most Americans would have a new insurer the federal government and many would find the health insurance stocks in their retirement portfolios much less valuable.
Were talking about changing flows of money on just a huge scale, said Paul Starr, a sociology professor at Princeton University and author of The Social Transformation of American Medicine: The Rise of a Sovereign Profession and the Making of a Vast Industry.
Theres no precedent in American history that compares to this, he said.
Economists have begun wrestling with basic questions about what this sort of change would mean and disagreeing over whether it would cost more or less than the countrys current health care system.
No one has examined the full economic impact of such plans on jobs, wages, investors, doctors and hospitals or the health insurance companies themselves.
(Excerpt) Read more at nytimes.com ...
What could possibly go wrong?
Single payer works fine for the poor.. state covers the bulk of my living and health management costs.
Doesnt mean every one needs it. The saying about one size fits all comes to mind.
Why would the Left care?
They want power, or Revolution ... either way they labor under magical thinking that somehow it’ll all be alright and something good will just appear once they get their way and rid us of the last tatters of the Constitution (and possibly us as well).
Just because it works for me doesnt mean it works for you. Were all individuals with unique health needs and life circumstances.
Thats where Medicare For All falls short.
Alas, governments are unfamiliar with common sense.
One size fits none.
Insurance companies out of business and thousands, perhaps millions of insurance company employees laid off. That alone would be a huge problem.
“You’re a male and don’t want child birth coverage? Forget that. You are going to take it whether you need it or not.”
What better way for the DemonRATs to decide who lives and who dies than controlling who gets care and what kind of care???? Cancer patients will be given a pill just as Zero described. Anyone want to count on AOC, Ilhan, Spartacus Booker, Camel Harris, Schitt, Schmucky, Piglosi, ChiFi; Madd Maxine, Abrams, et al. to determine what care you get?
Yup. I cant remember what meds to take and I need to be looked after. Your health needs may be different.
Thats why we have private insurance for those circumstances.
What we need is absolute equality in health provision.
If someone has an operation, everyone must have that operation.
If someone gets a prescription, everyone must get that prescription.
If someone has a medical procedure of any kind, everyone must have that medical procedure of that kind.
Only then will there be Medical Justice!
Heck!!! The invaders have better health care then you or I!!
They dont mention free comes with a huge price tag. Everyone likes free - until they learn how much it costs.
And health insurance would be just the start. They’d move on to other things until everything private is criminalized. Even a lemonade stand run by kids. And instead of a profit motive, these Public entities would make decisions based on criteria such as diversity and social justice. This is slowly happening in corporate America on its on, but at a pace not face enough to satisfy the Left.
And forget about being an entrepreneur. That will not be allowed. You’ll never see another Steve Jobs or Bill Gates. The best and brightest must aspire to being bureaucrats.
Rather than abolish medical insurance we should abolish Democrats. It would be more productive, and more progressive as then we could.
The totalitarian notion of equality is everryone must be given the same thing whether they need it or not.
Lets just shepherd everyone onto a government-run health care plan and hope for the best.
Just like in Canada. They forgot were not Canucks.
I can actually see in my mind’s eye on of these scumbags deciding that if everyone were dead it’d be a whole lot easier to manage things.
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