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If you like your current health insurance plan, tough luck.
You can’t keep it — that is, if Rep. Pramila Jayapal’s newest rendition of Medicare for All becomes law.
Say goodbye to your plan
Rep. Jayapal’s plan — a single-payer scheme in which the federal government organizes health care financing — would eliminate virtually all private insurance plans for 180 million Americans.
This new single-payer scheme bans private insurance companies from covering any procedure, screening, test, visit or any other service that private plans traditionally offer. Forbidding an industry from providing the only services it offers effectively outlaws that industry.
The new Medicare for All would ban private insurance even quicker than previously proposed bills. It eliminates these plans in just two years, rather than four.
This is not a desirable outcome for most Americans. When told that Medicare for All would eliminate private insurance, support for the program drops to just 37 percent.
Single-payer proponents are right about one thing: our health care system is broken and in need of significant reform.
However, far from addressing the flaws in the current system, single-payer would simply make the problem worse.
Lawmakers should reject this program and other similar schemes.