The unanswered questions of Medicare for All
The only-payer medical insurance proposal identified extensively as Medicare for All (M4A) can’t be enacted with out first answering sure questions. Foremost amongst these is whether or not the general public would assist shifting greater than $32 trillion in M4A’s first 10 years from personal well being spending, over which shoppers retain some discretion, to federal well being spending, over which shoppers don’t. A associated open query is whether or not the federal authorities can adequately finance this quantity of spending with out triggering important opposed financial results. Different unanswered questions embody M4A’s results on well being suppliers, the prescription drug market, and personal medical insurance. M4A would add additional to nationwide well being price development except supplier reimbursements are reduce extra sharply than lawmakers have been keen to do traditionally. But the results of enacting such cost cuts concurrently with a considerable improve in well being service demand are unpredictable.