As a Committed Capitalist, But Medicare for All Is the Best Solution for American Healthcare

Out-of-pocket costs. Preferred providers. Non-preferred providers. Concierge medical services. Personal healthcare costs. Co-payment. Shared insurance. Benefit advisers. Insurance brokers. Medical advisors. Affordable Care Act. HMO. Preferred Provider Organization. EPO. Point of Service. HDHP. Health Savings Account. FSA. HRA. Explanation of Benefits. Consolidated Omnibus Budget Reconciliation Act. SHOP. Individual coverage. Dependent coverage. Insurance subsidies.

Confused? You should be. Who comprehends this complex system? Certainly not the average entrepreneur. Neither the average worker. Selecting the right healthcare insurance for our business – or for our families – appears to require demands advanced expertise in healthcare.

The Healthcare System Is More Than Complicated, It's Expensive

According to recent research, typical households pays $27,000 annually for their health insurance (up 6% from last year). Typical company healthcare expense is projected to surpass $17,000 for each worker by 2026, an increase of 9.5% compared to 2025.

Now federal operations is shut down due to political disagreements over tax credits that experts say will lead to premium increases up to 100% for numerous US citizens.

When Might We Seriously Consider National Health Insurance?

When will we genuinely evaluate a national health insurance program in the United States? I have to believe we're approaching that point since this can't continue.

I'm not proposing government-run medicine. I'm proposing that our already existing Medicare program – an established insurance framework – simply expand to include all citizens. Our infrastructure remains intact. The way our healthcare providers receive payment changes. Trust me, they will adjust.

The Way Universal Coverage Could Function

Universal healthcare coverage would need payments from employees and employers. In comparable systems, an employee earning moderate income pays approximately 5.3% toward medical coverage. Their employer must contribute approximately thirteen point seventy-five percent.

Does this appear like a lot? Not if you compare it to what average American pays. I can name dozens of businesses that are easily contributing anywhere from 8% to 15% of their employee wages to their healthcare costs. Remember that in comprehensive systems, those payments also cover retirement benefits, illness coverage, parental benefits and job loss protection along with funding healthcare facilities. When you add those costs versus our current spending for our retirement plans, unemployment insurance and paid time off, the gap narrows.

Implementation for America

For America, a national health premium would raise existing Medicare taxes, a system already established. It should be means-based – those at higher income levels would pay more than those earning less. There would be both an employee and employer contribution. Similar to much of our government's defense, technology, social programs and infrastructure, the system could be managed by private contractors instead of federal agencies.

Advantages for Small Businesses

A national health insurance program would be a huge benefit for entrepreneurs such as my company. It would place us on a level playing field against big corporations that can pay for better plans. It would render administration significantly simpler (automatic payroll withholding remitted like social security and healthcare taxes, instead of individual transactions to insurance companies and coverage administrators).

It would enable simpler for us to budget annual expenditures, instead of enduring the complex (and ineffective) theater of negotiating with major insurers that we must do each year. Because it's simplified, there would exist a better understanding about benefits among workers – contrasted with existing arrangements where they have to decipher the complexities of existing plans. Additionally there would certainly be less liability for companies as we no longer would be privy to our employees' health histories for weighing risks and different options.

Capitalist Perspective

I'm as pro-market as possible. However I recognize that public institutions play important functions in society, including national security to funding essential systems. Ensuring medical coverage for everyone through a national insurance system enhances economic foundations. It represents superior, easier system for small businesses that employ the majority of the country's workers and fund half of our GDP. It makes it possible employees to enjoy better health, have better attendance and increase productivity.

Considering Challenges

Exist a million considerations I haven't covered? Of course there are. But with all the healthcare cost increases experienced recently, it's clear that current healthcare legislation is not working effectively. I understand that America isn't a small, Scandinavian country where big changes are easier to implement. But expanding Medicare for all, despite increased taxation required, would still be a better and less expensive approach for not only controlling healthcare costs and ensuring coverage for all citizens.

Time for Realistic Evaluation

We as Americans, we need to reduce national pride. Our healthcare system isn't so great. We rank well below many other countries in healthcare quality in the world, based on comprehensive research. Perhaps a bright spot in this present circumstances could be that we undertake serious examination at ourselves and acknowledge that big changes need to happen.