I am not a Bernie fan, but what would be wrong with Medicare For All? As it is now, we pay insurance companies to provide us a certain amount of financial support for when we are ill, and then are faced with medical bills. Insurance companies could care less about one’s illness; Like any other business, their interest is in profit for the company.
For every claim that is filed, they pay a certain percentage of the total claimed. Total monthly client payments to the company equals maximum profit per month for the company, prior to deductions for all expenses to run the company, the largest being client medical bills claims. Their main concern is to pay as little as possible, to net maximum profit as possible. What they really like is to deny a claim, due to pre existing conditions.
My vision for how Medicare For All would be administered, would be as follows: All taxpayers, including Congress, would have a percentage of their taxable income to be put into a Medicare pool. There would have to be a committee of an equal number of Dems and Reps to control all aspects of taxes collected, and money paid out for all medical claims. There would need to be a separate committee of an equal number of Dems and Reps to watch for multiple claims for the same procedure.
The end results of MFA? All health insurance companies would go out of business. (Their profit losses goes into MFA’s pool). Most of us now, have, for all of our adult lives, supported these insurance companies whose main interest is to deny as many claims as possible. Their most treasured clients are the young and healthy. Think about it, people; We could give Congress a try at administering MFA, and have a section of administration, bipartisan, to control all aspects of MFA.
The only “profit” that Medicare For All would see, is the satisfaction of having all Americans insured, and a lot less deaths from pre-existing conditions.
Hugo Buchanan is a resident of Lady Lake.