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Donkees

(31,382 posts)
Wed Apr 10, 2019, 11:10 AM Apr 2019

Take it from an economist, Medicare for All is the most sensible way to fix health care

Gerald Friedman, Opinion contributor Published 3:15 a.m. ET April 8, 2019

Excerpt:

Time to get real. As an economist who has spent decades studying our health care system, I can tell you that Medicare for All advocates are the only ones who are being reasonable, because theirs is the only plan that will control health care costs while finally achieving universal coverage.

Insurance companies are middle men

The problem with incremental plans, whether they are public options, buy-ins to Medicare or Medicaid, or pumping more money into subsidies in the Affordable Care Act's individual marketplace, is that they preserve the private health insurance system weighing down our health care.

Commercial insurance companies are nothing more than middle men. They add no value to our system, but they do drive up costs with their bloated claims departments, marketing and advertising budgets and executive salaries. We pay for all of these things before a single dollar is spent on the delivery of care.

If we’re talking about which health care reform plans are serious about attacking cost, providing universal coverage and making sure everyone has access to health care, Medicare for All is the only reasonable answer. No other plan does this effectively, which is why I suspect that the Center for American Progress has not come out with spending estimates. Basic economic tenets tell us that their plan will not reduce health care spending as effectively.

Is Medicare for All bold? Absolutely. Is it reasonable? You bet. It is time to accept that Medicare for All is the practical alternative.

Gerald Friedman, a health care and labor economist, is an economics professor at University of Massachusetts Amherst and the director of The Hopbrook Institute. Follow him on Twitter: @gfriedma

https://www.usatoday.com/story/opinion/2019/04/08/medicare-for-all-reasonable-practical-health-care-reform-column/3393034002/

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Take it from an economist, Medicare for All is the most sensible way to fix health care (Original Post) Donkees Apr 2019 OP
It's imperative for progressives to refuse any healthcare plan besides Medicare for All -- here's why JonLP24 Apr 2019 #1

JonLP24

(29,322 posts)
1. It's imperative for progressives to refuse any healthcare plan besides Medicare for All -- here's why
Wed Apr 10, 2019, 09:26 PM
Apr 2019

This week, Sen. Bernie Sanders (I-VT) is introducing the Medicare for All Act of 2019. A companion bill of the same name has already been introduced in the House by Rep. Pramila Jayapal (D-WA). That’s good news for the country. Unfortunately, these bills are facing opposition from what, for some people, will be an unexpected direction.

(Snip)

Why would that be so? The term was crafted by Sanders, Jayapal, and their allies to describe a single-payer system, administered by the government, with no copayments or deductibles, and without the participation of private insurers.

To be sure, the idea’s frenemies have added to the chaos. A variety of watered-down alternatives to Medicare for All have been proposed, most with names that sound like “Medicare for All”: “Medicare X,” “Medicare Extra for All,” “Medicare for America” … (I’m still waiting for a proposal called “I Can’t Believe It’s Not Medicare for All!”)

These plans are Medicare for All decoys. They claim to resemble Medicare for All, at least in their outcomes, but they’re not. Each depends on some naive combination of employer cooperation, insurance company goodwill, “smart shopping,” and Rube Goldberg-like fiscal contraptions. Each would continue to force working Americans to spend thousands of dollars on premiums, copays, and deductibles, at a time when most families say they’d have trouble finding $1,000 to cover an emergency.

https://www.alternet.org/2019/04/its-imperative-for-progressives-to-refuse-any-healthcare-plan-besides-medicare-for-all-heres-why/#.XK5l8OkI97x.twitter

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