Consider Medicare for All like Medicare on steroids. There are differences, but legislation currently before Congress represents our best chance to cure our sick health care system.
Polls show 70% of people like Medicare, which parlays payroll taxes to fund most of the coverage for people 65 and older and those with disabilities. People often purchase additional private plans to fill in coverage holes. Private plans include premium payments and out-of-pocket costs.
Even though Medicare covers the least healthy people who need the most care, it's far more efficient than private health insurance plans. Medicare's overhead costs are about two percent compared to private insurance in the Affordable Care Act with overhead costs around 20 percent.
Expanding Medicare to cover everyone means it would be modeled after the existing Medicare "system," but with improved coverage. The publicly funded plan would simplify health care for both the patients and providers. A simplified system would also serve to reduce costs.
Medicare for All would protect everyone from birth throughout life -- not only those over 65. As the bills are written now, Medicare for All will include more comprehensive coverage, including dental, vision, hearing, long-term care and medications, without premiums, nor deductibles.
All providers are likely to participate because the new system will cover everyone. Improving access to doctors and hospitals. No more networks and denial of service. Our health care will be back in our doctor's hands, not the insurers.