What is “Medicare for All”? – Managed Care Matters

Continuing his exploration of Medicare for All/Single Payer health care, fellow blogger Joe Paduda, lays out point by point, the pros and cons of Medicare for All, as their proponents and opponents claim.

You will notice that there are more pros than cons, so the only reason why it has not been enacted as of yet is because there are too many entities whose bottom-line and profitability are conducive to keeping the status quo. Never mind that there are tremendous benefits of Medicare for All, just as long as we can squeeze every bit of profit out of the system and bleed it dry.

One point not raised by Joe on the pro side is, if Medicare for All is enacted, and employer-based health insurance eliminated, companies could then hire more people because they would not have the added expense of paying for their health insurance. In addition, dropping employer-based health insurance for Medicare for All would improve the company’s bottom-line, by saving that money and plowing it back into the company, or using it to pay higher wages or a higher return on investment.

Here is Joe’s article:

MFA/M4A uses Medicare as the health insurance mechanism for people younger than 65. Some advocates are pitching “Medicare for Some” wherein folks older than 50 or 55 would be able to “buy-in” to Medicare (which covers everyone over 65 today). … Continue reading What is “Medicare for All”?

Source: What is “Medicare for All”? – Managed Care Matters

This entry was posted in Medicare for All, Single Payer and tagged , , , , , on by .

About Transforming Workers' Comp

Have worked in the Insurance and Risk Management industry for more than thirty years in New York, Florida and Texas in the Claims and Risk Management spheres, primarily in Workers’ Compensation Claims, Auto No-Fault and Property & Casualty Claims Administration and Claims Management. Have experience in Risk and Insurance Business Analysis, Risk Management Information Systems, and Insurance Data Processing and Data Management. Received my Master’s in Health Administration (MHA) degree from Florida Atlantic University in Boca Raton, Florida in December 2011. Received my Master of Arts (MA) degree in American History from New York University, and received my Bachelor of Arts (BA) degree in Liberal Arts (Political Science/History/Social Sciences) from SUNY Brockport. I have studied World History, Global Politics, and have a strong interest in the future of human civilization in all aspects; economic, political and social. I am looking for new opportunities that will utilize my previous experience and MHA degree. I am available for speaking engagements and am willing to travel. LinkedIn Profile: http://www.linkedin.com/in/richardkrasner Resume: https://www.box.com/s/z8rxcks6ix41m3ocvvep

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