Medicare for All, but especially for Insurance companies.

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by dblack, Dec 3, 2018.

  1. dblack
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    dblack Gold Member

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    Proponents of "Medicare for All" tout it as a ready-to-go answer to the shortcomings of ACA. But they seem to have a lot of misconceptions about Medicare. The worst of these, in my view, is the idea that Medicare takes for-profit insurance companies out of the equation. On the contrary, it secures their position, and their profits.

    Medicare is essentially a group insurance plan, purchased for you by the federal government. It's not much different than a group plan purchased by an employer for their employees. And it's still still sold by private, for-profit insurance companies - often the very same insurance companies who have been screwing us for the last fifty years. These companies are still responsible for approving, and denying claims, and they are still driven by the same profit motive.

    It's just frustrating to see so many people kidding themselves, thinking that Medicare for All would somehow steer around the insurance companies, when it reality - just like ACA - it would simply herd us all into their clutches.
     
  2. Oddball
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    Oddball Unobtanium Member Supporting Member

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    Lolberals excel at that....Why would this issue be any different?
     
  3. Maxdeath
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    Maxdeath VIP Member

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    Those touting Medicare for all do not have the slightest clue what they are talking about. Medicare as it is now is not free. It is paid for every time you get a paycheck long before you are eligible to recieve it.
    Medicare does not cover everything. If you do not purchase supplements then you will be paying all or at the very best 20% of any medical bill.

    What Bernie and his protege OC are talking is single payer. That is estimated to cost 32.6 Trillion for ten years or about 3.2 Trillion a year. Considering total tax receipts for 2016 was only 3.2 Trillion that leaves no one to collect the taxes so therefore no insurance.

    Some think that they will just make companies and the rich pay for it all. They seem to forget that the rich do not need to stay here and companies can and have left the U.S. They have even left money overseas where it is not taxed so heavily. In reality to pay for single payer the tax rate would need to be 45-50% on all income.

    They also tend to forget that private or semi private rooms would be a thing of the past. Newer procedures and drugs would be less frequent. Doctors and nurses would probably be of lower quality. The waiting period to see a specialist would be almost six months and a non life threatening surgery would be an almost year wait.
     
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  4. Oddball
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    Oddball Unobtanium Member Supporting Member

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    They don't forget...They're willfully ignorant.....You cannot forget that which you refuse to know in the first place.
     
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  5. debbiedowner
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    debbiedowner Gold Member

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    One dem senator or congressman last week did propose he would vote for a 50 or 55 year olds and up to buy into Medicare but he didn't believe "for all" could pass. I don't remember his name but not one you hear everyday.

    Sure insurance companies would be involved with the Medicare supplements and Medicare Advantage plans, if they left them out you would see unemployment go up, up and up. Think of how many thousands of employee's work for all the major insurers.
     
  6. debbiedowner
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    debbiedowner Gold Member

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    Do some research and math, tricare, va, medicaid would go away and everyone would fall under one roof so in the end would save a few billlion.
     
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  7. dblack
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    dblack Gold Member

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    Nope. Insurance companies profit from straight up Medicare, and they would make even more with "Medicare for All".
     
    Last edited: Dec 5, 2018
  8. Ambivalent1
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    Ambivalent1 Member

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    "These companies are still responsible for approving, and denying claims, and they are still driven by the same profit motive."

    Companies that market Supplement Plans ONLY pay for what Medicare approves. They do not autonomously decide what get denied.
     
  9. dblack
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    dblack Gold Member

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    I'm not talking about supplemental plans, I'm talking about Medicare itself. Here: 33. Medicare is a Private–Public Partnership || Center for Medicare Advocacy

    "... the entities granting or denying coverage, and those deciding whether or not to pay claims, are mostly private insurance companies. For example, Anthem is the parent company of “National Government Services,” one of the major Medicare claims administrators."

    "if coverage is denied unfairly… don’t blame the government. It’s probably not “Medicare” that made the decision; it’s most likely a private insurance company that’s paid by Medicare to make coverage decisions."
     
    Last edited: Dec 9, 2018 at 8:28 AM
  10. debbiedowner
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    debbiedowner Gold Member

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    I don't know what you're saying here because I have always knows insurance companies adjudicate claims for Medicare.

    I thought you implied that insurance companies would not sell plans if there was Medicare for all and I was simply replying that they would still offer supplements and MAPD plans and the government still believes the MAPD's save Medicare money which they do not, actually costing them around 13-14% more than if Medicare just paid the claims that were adjudicated.
     

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