UnitedHealth warns ‘Medicare for All’ would certainly destabilize health care

Sen. Bernie Sanders (I-VT) speaks during a health care rally at the 2017 Convention of the California Nurses Association/National Nurses Organizing Committee in San Francisco.

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Sen. Bernie Sanders (I-VT) speaks during a health care rally at the 2017 Convention of the California Nurses Association/National Nurses Organizing Committee in San Francisco.

UnitedHealth Group CEO David Wichmann warned investors on Tuesday of which “Medicare for All” proposals pushed by Democratic lawmakers as well as presidential candidates would certainly “destabilize the nation’s health system.”

several Democratic proposals call for eliminating private health insurance as well as replacing of which having a universal Medicare plan, claiming of which would certainly help reduce administrative inefficiencies inside health-care system. Most recently, Sen. Bernie Sanders of Vermont unveiled a bill of which would certainly create a government-run system to provide health insurance for all Americans. Freshman Rep. Alexandria Ocasio-Cortez is actually pushing a similar plan.

Wichmann, who rarely discusses politics, told investors on a post-earnings conference call Tuesday such measures would certainly “surely jeopardize the relationship people have with their doctors, destabilize the nation’s health system as well as limit the ability of clinicians to practice medicine at their best.”

“as well as the inherent cost burden would certainly surely have a severe impact on the economy as well as jobs — all without fundamentally increasing access to care,” he added.

The executive noted of which health costs have grown less quickly than overall inflation for 16-straight months, saying “of which has lessened considerably due to better management of cost inflation as well as earlier as well as more effective management of care in lower cost settings.”

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Despite concerns via UnitedHealth, public support for 1-payer system has grown. According to a survey via the Kaiser Family Foundation last month, 56% of respondents supported a national health plan in which all Americans would certainly get insurance via 1 government plan, versus 39% who said they oppose of which.