New Jersey Senator Cory Booker claims Medicare for All would “save lives.” Vermont’s own Senator Bernie Sanders promises it would end “the disgrace of tens of thousands of Americans dying every year from preventable deaths.”
But a new study from the National Bureau of Economic Research finds little evidence to support those assertions. The authors examined people who gained government health coverage in recent years and found no “statistically significant pattern of results consistent with . . . mortality changes.”
The Trump administration slammed “Medicare for All” in its annual economic review Tuesday, claiming thatcreating a new government-run health care program would be expensive, damage the economy and hurt Americans’ health.President Donald Trump and his top health officials have repeatedly blasted Medicare for All, which several Democratic presidential candidates and lawmakers are backing.”M4A will be neither more efficient nor cheaper than the current system, and it could adversely affect health,” said the report, which is prepared by the White House Council of Economic Advisers, using a shorthand acronym for the proposed reform.
As House Democrats sit down to draft their vision of governance in the coming weeks, lawmakers find themselves badly divided.
Centrists from swing districts, with the tacit support of Speaker Nancy Pelosi, favor incremental moves to shore up the Affordable Care Act and to lower the out-of-pocket costs of prescription drugs and medical care. They are pushing a variety of measures, such as shutting down cheap, short-term insurance plans that do not cover pre-existing medical conditions and allowing people to buy into Medicare at age 50 or 55.
But they are butting up against an aggressive and expanding group of more than 100 outspoken Democrats — as well as at least four of the party’s presidential candidates — who want to upend the whole system with a single government insurance plan for all Americans — the old concept of single payer, now called Medicare for all.
Eliminating profit from an entire sector of the national economy would be unprecedented. But the example of New York, on a smaller scale, shows why it is a recipe for dysfunction.
The Empire State’s hospital industry has been 100% nonprofit or government-owned for more than a decade. It’s a byproduct of longstanding, unusually restrictive ownership laws that squeeze for-profit general hospitals. The last one in the state closed its doors in 2008.
A report last year from the Albany-based Empire Center shows the unhappy results. The state health-care industry’s financial condition is chronically weak, with the second-worst operating margins and highest debt loads in the country. And there’s no evidence that expunging profit has reduced costs. New York’s per capita hospital spending is 18% higher than the national average.
“Medicare for All” may sound good to some Americans until they take a closer look at how it would actually work.
Take something pretty basic: how it would affect the number of medical professionals we have in this country. “Medicare for All” would drive out many doctors and nurses and compromise the accessibility and quality of medical care for millions of Americans.
First, she douses progressives’ impeachment dreams in cold water, telling the Washington Post that such a divisive and drastic political step should only be taken over egregious criminality that’s “compelling and overwhelming and bipartisan.” She cagily adds, “he’s just not worth it,” a personal swipe at the president, likely deployed to placate Trump haters who will bristle at her stance. Insulting him is a little wink that she’s still ‘on the team.’ But even if the hard-Left wing of the party is willing to forgive Pelosi’s hesitant posture on impeachment, how might they react to her intense fiscal skepticism on ‘Medicare for All’ — the holy grail of the statist agenda?
But he warned that how such a system would work — and who would pay for it — are big questions that have yet to be answered.
“For me, I think it’s a great opportunity for the industry to be able to expand the population that it’s coordinating care with,” Broussard said Tuesday at the Barclays Global Healthcare Conference in Miami Beach, Fla.
Left-wing Democrats in Congress have decided on a new version of “Medicare for All.” Turns out its going to be nothing like the Medicare program seniors are used to. What they have in mind is what we see in Canada.
Everyone (except American Indians and veterans) will be in the same system. Health care will be nominally free. Access to it will be determined by bureaucratic decision making.
|Connecticut, Nevada, Illinois and Minnesota are looking at schemes that would allow anyone to buy into Medicaid. Washington State governor Jay Inslee and his allies in the state legislature plan to introduce a bill that would create a state-sponsored health plan—or public option—to compete against private insurers. Medicaid buy-ins and public options are little more than stepping stones to a complete government takeover of the health care system. They’d gradually put private insurers out of business. In the end, Americans would be left with low-quality government-sponsored insurance that forces them to pay higher taxes and endure long waits for treatment.|
Put simply, there is nothing like Medicare for All anywhere in the industrialized world. Socialized medicine proposals, like the House version introduced last month by Rep. Pramila Jayapal, (D-WA), would offer everyone living in the United States comprehensive coverage with no deductibles and no copayments. Jayapal claims, “This is not a particularly ambitious plan, in the sense that so many others have done it.” But no industrialized nation has tried anything so sweeping. Not one provides soup-to-nuts government-paid insurance that covers everything without any cost-sharing from patients. None. Even so-called single-payer systems rely on some forms of private insurance.
Other reports show Democratic leaders are not as enthusiastic as Jayapal, et al. House Speaker Nancy Pelosi in an interview with Rolling Stone said moving to a single-payer system was the simplest way to bring about universal health care, but then noted an estimated $30 trillion cost. “That is, administratively, the simplest thing to do, but to convert to it? Thirty trillion dollars. Now, how do you pay for that?” Pelosi said.