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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: ProtectOurFreedom
thankx to 0bammy care i now to have child birth coverage,,,
21 posted on 03/23/2019 1:32:33 PM PDT by Chode ( WeÂ’re America, Bitch!)
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To: rockinqsranch

There’s the question of compensating people who are being forced out of business. Government can’t just shut down your private insurance company without paying them the fair market value of their property and other assets.

The Constitution’s fair takings clause would put the kibosh on MFA before it would even get off the ground.

You can’t shut down an entire sector of the economy and have the government run it. That’s just a leftist wet dream.


22 posted on 03/23/2019 1:33:30 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: reaganaut1

Just lost my job and health insurance.

Doc wants a CT scan, open imaging says yer insuracnce will pay but your deductible is $450.

If you pay cash it’s $150

Charlatans!!!


23 posted on 03/23/2019 1:36:20 PM PDT by mylife (The Roar Of The Masses Could Be Farts)
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To: Chode

But you don’t look pregnant


24 posted on 03/23/2019 1:38:44 PM PDT by no-to-illegals (Liberals, Rinos, moslems, illegals, lamestream media. All want America to fail and die)
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To: reaganaut1

And that is what the commie left wants..the total destruction of our private health care so THEY end up deciding who lives and who dies..Oh I see you are a registered Republican and you need hip replacement surgery, yeah that’s not gonna happen


25 posted on 03/23/2019 1:39:02 PM PDT by Sarah Barracuda
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To: mylife

I never see a bill with Medicaid.


26 posted on 03/23/2019 1:40:02 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: reaganaut1
"Health insurance" barely even meets even the most simple objective definition of insurance ... so the NYT's point here is moot.
27 posted on 03/23/2019 1:40:11 PM PDT by Alberta's Child ("In the time of chimpanzees I was a monkey.")
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To: reaganaut1

The abortionists argue that women should have a right to their own bodies. With socialized medicine (“single payer” is a leftist euphemism) the government controls all of our bodies.


28 posted on 03/23/2019 1:41:02 PM PDT by djpg
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To: Sarah Barracuda

LIke I said, the fair takings clause stands in their way. Nationalization of private health insurance is easier said than done.


29 posted on 03/23/2019 1:42:13 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: reaganaut1

the last thing the sheeple need is for their master-government to dictate their health care, telling us when we may and when we may NOT obtain medicines or surgeries or nursing we need

its a horrid proposal, one we must be on guard for.. anytime the dictatorial commies put it forward again


30 posted on 03/23/2019 1:42:57 PM PDT by faithhopecharity ( “Politicians are not born; they are excreted.” Marcus Tullius Cicero (106 to 43 BCE))
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To: goldstategop

Gonna look at that, but someone pays!


31 posted on 03/23/2019 1:43:50 PM PDT by mylife (The Roar Of The Masses Could Be Farts)
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To: no-to-illegals

LOL... unfortunately i have abortion coverage as well


32 posted on 03/23/2019 1:44:35 PM PDT by Chode ( WeÂ’re America, Bitch!)
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To: djpg

Imagine what will happen to ones reproductive system if one doesn’t vote properly cause they already know how everyone votes


33 posted on 03/23/2019 1:46:15 PM PDT by no-to-illegals (Liberals, Rinos, moslems, illegals, lamestream media. All want America to fail and die)
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To: Chode

System is broken.

McCain and Roberts can kiss my ass


34 posted on 03/23/2019 1:46:40 PM PDT by mylife (The Roar Of The Masses Could Be Farts)
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To: mylife

If you meet the income threshold, you’re covered for everything but co payments.

And no monthly premium.


35 posted on 03/23/2019 1:46:59 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: reaganaut1

Communism destroys, that is it’s nature, as a fish unto water.


36 posted on 03/23/2019 1:47:52 PM PDT by KC_Lion (If you want on First Lady Melania's, Ivanka Trump's or Sarah Palin's Ping Lists, just let me know.)
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When I was a young man the gov was not involved in private affairs


37 posted on 03/23/2019 1:47:54 PM PDT by mylife (The Roar Of The Masses Could Be Farts)
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To: Chode

I’m hurting just thinking about that


38 posted on 03/23/2019 1:48:26 PM PDT by no-to-illegals (Liberals, Rinos, moslems, illegals, lamestream media. All want America to fail and die)
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To: reaganaut1

Obamacare by any other name is still Obamacare.


39 posted on 03/23/2019 1:48:35 PM PDT by HarleyD
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To: no-to-illegals

If you like politicians managing your health care, you’ll love MFA.


40 posted on 03/23/2019 1:49:10 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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