Tag Archives: single payer

Louisiana Republican Sen. John Kennedy plans to use the most recent effort to repeal and replace portions of the Affordable Care Act to push an amendment that would bar states from enacting their own single-payer systems, he told reporters on Monday. When asked by The Intercept on Tuesday about the status of his legislation, Kennedy said that the bill’s co-sponsors, Sens. Lindsey Graham, R-S.C., and Bill Cassidy, R-La., told him that the measure already bans single payer, but that he was...

Klepper wrote that this way of doing business has been "spectacularly successful" for the health insurance industry. As he noted, between May 2009 and May 2017, the stock prices of the five largest investor-owned health insurers -- Aetna, Anthem, Cigna, Humana and United -- increased between 387 percent and 748 percent, much more than the Dow Jones average. The CEOs of those companies have become spectacularly wealthy as shareholder value has skyrocketed. They undoubtedly have to be...

by ProGrowthLiberal (originally published at Econospeak) Does Single Payer Pay for Itself? Was this the message of the title of the latest from Dean Baker: The economies of a single system can be viewed as analogous to the Social Security system, which has administrative costs that are less than 1/20th as much as privatized systems in places like Chile and the United Kingdom. The analogous institution in the health-care sector is of course Medicare, which...

Sen. Bernie Sanders has unveiled a new single-payer healthcare plan which would provide all Americans with government-sponsored health coverage. Sanders’s plan, supported by some 16 Democrats in the Senate, calls for an overhaul of the healthcare system with what would essentially be a tweaked and revitalized version of Medicare-for-all. “Today we say that a function of a rational healthcare system is to provide quality care to all in a cost-effective way,” declared Sanders, an independent...

This is an illustration of the political cost of Bernie not understanding and embracing MMT. He should have paid closer attention to MMT economist Stephanie Kelton when she was his economic adviser. 1. A currency sovereign cannot "go bankrupt." A currency issuer can always issue currency to cover its obligations in the currency of issue. In this case, default is a political choice rather than a financial necessity. 2. The only actual constraint on a currency soveriegn is the...

The train is pulling out of the station. The InterceptThe Obamacare Fight Is Over — Now It’s On To Universal Medicare Ryan GrimAlsoBernie’s Army: 24 Organizations With Millions of Members Vow To Help Pass His Universal Medicare Plan Zaid Jilani Pharma CEO Worries Americans Will Say “Enough is Enough” and Embrace Bernie Sanders’ Single-Payer PlanLee Fang

 Well, what Clinton said will never, ever happen is now looking more and more possible. A number of prominent Democrats are lining up behind it, Sanders' bill for single-payer. Last week, Senators Elizabeth Warren and Kamala Harris jumped on board. Now, Senators Cory Booker of New Jersey, Jeff Merkley of Oregon, and Kirsten Gillibrand of New York are signing on as well. Bernie Sanders is set to unveil his Medicare for All Bill on Wednesday. Adam Gaffney is an Instructor in Medicine at...

VoxAn astonishing change in how Americans think about government-run health careSarah Kliff