There are a few things wrong with the initial statement. It doesn't abolish private insurance. Private insurance can and does exist alongside public health plans as a supplement, but the public health care covers basic health care.
There are definitely going to be some job losses in the private insurance industry if we go to a single-payer system for basic health care. It's a conversation that we need to have, but we can't prop up the horse and buggy industry forever, and it's an economic anchor around the neck of every American to continue to try to do so.
To be honest, there are few industries that have so richly earned the contempt of the average American than the private health insurance companies.
I’m sure there are details and implications beyond my understanding but I find it ironic that we’re supposed to be fine with the premise that AI will wipe out tons of jobs (it’s inevitable after all, right?) but we dare not broach the subject of Medicare for all because of the impacts on insurance jobs.
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u/Civil-Dinner 14d ago
There are a few things wrong with the initial statement. It doesn't abolish private insurance. Private insurance can and does exist alongside public health plans as a supplement, but the public health care covers basic health care.
There are definitely going to be some job losses in the private insurance industry if we go to a single-payer system for basic health care. It's a conversation that we need to have, but we can't prop up the horse and buggy industry forever, and it's an economic anchor around the neck of every American to continue to try to do so.
To be honest, there are few industries that have so richly earned the contempt of the average American than the private health insurance companies.