Private Insurers Are Afraid of Medicare for All. They Should Be Excited

Since presidential candidate and U.S. Senator Bernie Sanders announced his “Medicare for All” plan in early April, the health insurance industry has uniformly opposed the policy. David Wichmann, CEO of UnitedHealth Group–which covers almost as many people as Medicare itself—remarked that Medicare for All would “surely jeopardize the relationship people have with their doctors, destabilize […]

U.S. Voters Prefer Expanding Medicare Over New Single-Payer Health Care, Says New Poll

A big question in a lead up to the 2020 presidential election is whether the U.S. should move from its current insurance system-driven health care model to a single-payer concept. Multiple Democratic candidates for president as well as new arrivals on Capitol Hill have pushed for a version of single-payer or Medicare-for-All. Health insurer stocks […]

Workers and Retirees Alike Are Paying More for Health Care

For many workers, health insurance is no longer what it once was. Health care costs borne by employees in the form of deductibles and coinsurance rose at a far faster rate than what employer-sponsored insurers paid for care between 2006 and 2016, according to the Kaiser Family Foundation. Even Medicare beneficiaries under the program’s current […]

How Medicare for All Could Eliminate the $600 Billion Private Insurance Industry

The 2020 election is coming. And health insurers are worried. A groundswell of support for Medicare for All among prominent Democratic presidential contenders has spooked the industry, with some candidates professing the private health insurance sector may (and even should) eventually be tossed into the dustbin of history. Sen. Bernie Sanders–author of a comprehensive Medicare […]

Health Insurer Stocks Tumble as Congress Turns Its Attention to a ‘Medicare-for-All’ Bill

Wall Street seems divided on a Medicare-for-All bill introduced into Congress last week. Analysts wrote notes assuring investors that the bill had a slim chance of passing. But investors have been unloading shares of health insurers amid concerns that the issue may gain momentum ahead of the 2020 election. The S&P 500 Managed Health Care […]