Skip to content

Medicare for All Update: 19.05.19

May 19, 2019

From the Huffington Post website

As the drive to institute “Medicare for All” moves forward in Congress, Retiree News will post articles about the topic. It will be an important issue during the upcoming presidential election. However, there is little information about how MFA will affect your TRICARE coverage.

Senator Bernie Sanders (I-Vt.) and his allies talk a lot about how “Medicare for All” would take back money from insurers and drug companies and use those savings to help make sure every American has generous health insurance. That is accurate.

But Sanders and his allies rarely mention that Medicare for All would also restrict the flow of money into the rest of the health care industry, including the parts that aren’t as easy to demonize in speeches.

At the top of that list are hospitals, which alone account for roughly one-third of the nation’s health care spending. No other sector, not even pharmaceuticals, rivals it. Under the Medicare for All proposals from Sanders as well as some other potential reforms getting attention these days, the federal government would limit payments to hospitals, quite possibly reducing their incomes significantly.

Learn more

From → Benefits

Comments are closed.