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Medicare for All Would Abolish Private Insurance. ‘There’s No Precedent in American History.’
New York Times ^ | March 23, 2019 | Reed Abelson and Margot Sanger-Katz

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.

“We’re 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.”

“There’s 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 country’s 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 ...


TOPICS: Front Page News; News/Current Events; Politics/Elections; US: Michigan; US: Minnesota; US: New York; US: Vermont
KEYWORDS: abortion; berniesanders; dnctalkingpoint; dnctalkingpoints; genderdysphoria; homosexualagenda; ilhanomar; infanticide; margotsangerkatz; mediawingofthednc; medicare; medicareforall; michigan; minnesota; newyork; obamacare; ocasiocortez; partisanmediashills; presstitutes; rashidatlaib; reedabelson; smearmachine; vermont
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To: goldstategop

I do not wish to be beholden to THEM


41 posted on 03/23/2019 1:49:37 PM PDT by mylife (The Roar Of The Masses Could Be Farts)
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To: reaganaut1

America’s health-insurance system is progressive crony-capitalist. Government has already taken control, just not completely.

One simple but highly effective reform would be to have, and allow, every doctor and hospital to have a cash option, outside of insurance.

Americans will need a free-market system to develop alongside our bloated bureaucratic one, as the government takes over completely and as it collapses.


42 posted on 03/23/2019 1:50:35 PM PDT by PGR88
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To: reaganaut1

If you don’t agree you’re a racist /s


43 posted on 03/23/2019 1:50:46 PM PDT by bigbob (Trust Trump. Trust the Plan.)
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To: goldstategop

Yep reminds me of that Bobbit woman


44 posted on 03/23/2019 1:50:57 PM PDT by no-to-illegals (Liberals, Rinos, moslems, illegals, lamestream media. All want America to fail and die)
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To: mylife

Forcing people to save for their retirement is one thing. Forcing people to wait to get health care is another thing altogether.


45 posted on 03/23/2019 1:51:40 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: reaganaut1

I’m not so sure it would abolish insurance companies.
BC/BS will likely continue to process claims by the millions.


46 posted on 03/23/2019 1:51:54 PM PDT by Eric in the Ozarks (Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
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To: PGR88

Pay to play


47 posted on 03/23/2019 1:52:30 PM PDT by no-to-illegals (Liberals, Rinos, moslems, illegals, lamestream media. All want America to fail and die)
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To: goldstategop

Not like Canada. Canada has private health care insurance and you can privately contract for health care.


48 posted on 03/23/2019 1:52:51 PM PDT by FreedomNotSafety
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To: FreedomNotSafety

You’re allowed to buy health insurance in Canada for care the provincial health plans don’t cover.

Not even an option under the Democrat MFA.


49 posted on 03/23/2019 1:55:20 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: reaganaut1
Obamacare is universal health care with the corporate middle man. That makes it a Fascist program. I suspect people are fed up enough with health insurance companies that they'd just as soon get rid of them.

There will be no health freedom, but that's already just about gone. Unless one finds a way to get off the medical grid, it'll be forced vaccinations and forced quarantines and big gov deciding who's worth saving.

Civilization is on its way out, and this is part of it.

50 posted on 03/23/2019 1:59:12 PM PDT by grania ("We're all just pawns in their game")
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To: goldstategop

No it doesnt. They think it works good for the poor. Just ask anyone that really is educated on the issue in the UK how it works.

Like C McGregore from Dunoon Scotland who visited me while he was on the waiting list for a simple hernia...26 months at the time. Or when he had a motorcycle accident and was taken to the ER in Glassgow and was ordered to GTHO because of the Piper Alpha patients coming in. C McGregore had to make his own way to another ER-across the bay to Dunoon in a taxi. He only had minor injurys you see. A broken ankle, broken arm, his left shoulder was smashed which resulted in perm nerve damage. And there was just one MRI in the whole GD country...so they sent him to Edinburgh for that with a bottle of pills for the pain. Did not even put splints on his fractures. Just taped him up and sent him on his way two days later.

BTW..he had to have his father get him there.


51 posted on 03/23/2019 1:59:14 PM PDT by crz
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To: crz

The beauty of MFA is we can all wait to die.


52 posted on 03/23/2019 2:01:21 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: ExTexasRedhead

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.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

My wife and son both have cancer so I know that fear only too well. A few months ago my son got strong enough to be a candidate for a stem cell transplant. Without it he is gone for sure.

It was scary sitting in a meeting with the hospital people when they told me insurance had approved the procedure which is over a million dollars. I asked what would happen if they did not approve and I don’t have the million dollars. They would help out however they could but it didn’t sound like it would be done there. Basically, if you don’t have the money, you better find an alternative.

The insurance companies decide what care you get which is scary enough. I can’t imagine how horrible it would be if it was the government making the decisions.


53 posted on 03/23/2019 2:02:23 PM PDT by shelterguy
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To: ExTexasRedhead
"Comments anyone?"

Short version: Party card Comrade. Vote Democrat or die. Social scores will be used to decide worthiness.

54 posted on 03/23/2019 2:09:42 PM PDT by Truth29
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To: reaganaut1

Yes. Thank you. I kept posting this. There will be no choice on this one.


55 posted on 03/23/2019 2:10:40 PM PDT by MarMema (don't forget to stock up on dogfood)
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To: ProtectOurFreedom

And we’re taking 70% of your check to cover it.


56 posted on 03/23/2019 2:14:11 PM PDT by MarMema (don't forget to stock up on dogfood)
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To: reaganaut1

Precedent?

There’s nothing in the Constitution allowing the fed govt to be involved in ‘health care’. It’s all unconstitutional.


57 posted on 03/23/2019 2:19:16 PM PDT by Electric Graffiti (Cocked, locked and ready to ROCK!)
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To: reaganaut1

Wow, can’t wait for those 24 hour emergency room delays and can’t see a doctor without a 12 month prior appointment.


58 posted on 03/23/2019 2:19:19 PM PDT by Newtoidaho (All I ask of living is to have no chains on me.)
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To: reaganaut1

There should be NO EXEMPTIONS for government employees. Bernie and AOC should have to stand in the same lines as everyone else.


59 posted on 03/23/2019 2:26:21 PM PDT by reg45 (Barack 0bama: Gone but not forgiven.)
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To: goldstategop

There’s nothing so expensive as “free.”


60 posted on 03/23/2019 2:29:45 PM PDT by ProtectOurFreedom
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