The committees taking up the proposal initially aren’t actually the ones that would write a health care bill. But wiping out private insurance would also mean ending the insurance arrangements that the majority of Americans now have, either through their employers or through Medicare Advantage, which is the private insurance option for seniors on Medicare. Studies have shown that health care prices in the U.S. are outrageously high by international standards. The big question is how doctors, hospitals, drugmakers and all the other industries related to health care would react. Medicare for All envisions the federal government spending a lot more money on health care than it does today.
Source: Huffington Post January 07, 2019 10:41 UTC