'Medicare for All' and the Free Market

Medicare for All is a single-payer, government-controlled health care system. It’s promoted as the solution to America’s high health care costs because it will eliminate competition. According to Senator Bernie Sanders’s version, all insurance-based health care plans will be eliminated and replaced by a monolithic, centrally-controlled plan that would cover the entire population. Insurance companies won’t be allowed to cover any services already covered by the government plan. Paradoxically, though, if Sanders’s plan is implemented, its shortcomings could drive patients toward free-market health care options. If Medicare for All is implemented, wait time for testing and procedures will increase dramatically. Nurse practitioners, physician assistants, and pharmacists will help cover the deluge of demand -- since there simply aren’t enough physicians to go around. That means your visit with a medical professional will be shorter than...(Read Full Article)
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