I’ve been thinking, what’s the big difference between Medicare and private insurance that causes people to reject some form of Medicare for all?
I put three polls out on two Facebook groups and Twitter. Not by any means scientific, but in all three cases the majority (2-1) did not want to pay significantly higher payroll taxes to obtain universal coverage like Medicare.
How does one conclude that Medicare is government run health care, it’s insurance.
Government run along with private insurers
Funded through dedicated taxes, premiums and general revenue
Freedom to use any physician or facility in the USA that participates – nearly all
Uses modest deductibles
Minimal intervention or oversight of health care provided
Coverage can be changed by federal laws and regulations
No out of pocket limit on patient spending
Generally desirable to purchase supplemental coverage
Private insurance companies
Funded by individual and employer premiums
Generally limited to providers within a network sometimes limited networks
Deductibles can be high
Typically employs pre-approval of some care and also retrospective review
Coverage can be changed by insurer, employer or state insurance laws
Typically applies an individual and family limit on out of pocket costs
Underwriting may apply
Additional coverage not necessary