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Reply to "Insurance and Pharma Companies under Single Payer System?"
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[quote=Anonymous][quote=Anonymous]Just been reading about Sanders' plan and it doesn't say anything about what will happen to all the insurance companies if we switch to a single payer system. So what would happen? Would it ruin the economy? [/quote] If it's Medicare for All, then there would still be optional supplemental insurance plans/companies. Keeping in mind that Medicare is an 80/20 insurance with co-pays and deductibles. Medicare also doesn't fully cover prescription drugs If it is really full coverage for everything then the government would have two options. Keep them as silent partners or let them die. Either way, it would not ruin the economy.[/quote]
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