More than half of American adults want to transition to a single-payer healthcare system, according to a Washington Post-Kaiser Family Foundation poll conducted earlier this year. Most of these people have no idea how challenging such a switch would be — or the trade-offs it would entail.
Even the pied piper of single-payer, Sen. Bernie Sanders, I-Vt., recently admitted “there will be pain” in the process of implementing his proposed “Medicare for all” plan.
Just consider the economic devastation single-payer would sow. In 2016, the health insurance industry employed more than 460,000 folks. A government-run insurer might hire some of these workers, but tens, if not hundreds of thousands of them would surely lose their jobs.
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