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Tue Apr 16, 2019, 02:12 PM

Biggest US health insurer wades into Medicare for All fight

The U.S.’s biggest health insurer sharply criticized the Medicare for All proposals being debated by Democrats, wading into a heated Washington political debate that’s likely to dominate the 2020 presidential race and the conversation about the future of private health plans in America.

For months, health insurers have kept mostly quiet about the proposal, the most-ambitious versions of which would replace privately financed health coverage with Medicare, the government program that covers about 60 million mostly elderly Americans. On Tuesday, UnitedHealth Group Inc.’s chief executive officer said such proposals would amount to a “wholesale disruption of American health care.”

As a source of coverage, UnitedHealth is almost as large as Medicare itself. It provides health-insurance services to 49.7 million people, and last year recorded revenue of $226.2 billion. Along with insurance, it operates physician practices, sells consulting and data services, and administers drug benefits. It also covers millions of people in the private-sector versions of Medicare and Medicaid.

Despite its immense size, the company has kept a relatively low profile with the wider public. Its quarterly earnings are typically buttoned-up events, treated as a financial indicator for other insurers who report later in the earnings season. Engaging in a political fight could turn it into a political target as Democrats look for winning issues.

https://www.msn.com/en-us/money/companies/biggest-us-health-insurer-wades-into-medicare-for-all-fight/ar-BBVZHgJ?li=BBnbfcN

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Reply Biggest US health insurer wades into Medicare for All fight (Original post)
Yo_Mama_Been_Loggin Apr 2019 OP
democratisphere Apr 2019 #1
lostnfound Apr 2019 #2
Ferryboat Apr 2019 #3
Wounded Bear Apr 2019 #4
dogman Apr 2019 #5

Response to Yo_Mama_Been_Loggin (Original post)

Tue Apr 16, 2019, 02:18 PM

1. Wall Street must be removed from the American healthcare system.

They have proved they can not deliver quality healthcare at a truly affordable price. Free Market capitalism greed will never be a sane solution.

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Response to Yo_Mama_Been_Loggin (Original post)

Tue Apr 16, 2019, 02:31 PM

2. Good. The concept has moved past "First, they ignore us" stage. Nt

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Response to Yo_Mama_Been_Loggin (Original post)

Tue Apr 16, 2019, 02:41 PM

3. Vested interest in keeping the gravy train rolling

The top 100 executive's each earn north of a million dollars.

Just saying.

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Response to Yo_Mama_Been_Loggin (Original post)

Tue Apr 16, 2019, 04:02 PM

4. United Health makes is profits off of the fact that Medicare is inadequate coverage...

If Medicare worked like it should, supplemental coverage would not be required.

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Response to Wounded Bear (Reply #4)

Tue Apr 16, 2019, 04:05 PM

5. And they are the real "death panels".

They determine if you get treatment and where.

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