The nation’s Medicare chief made the remarks April 17 on “Fox & Friends,” arguing that Medicare for All policies would decrease Americans’ quality of care and lead to longer wait times.
“I’ve been saying that Medicare for All is the biggest threat to the American healthcare system,” Ms. Verma said. “What we’re talking about is stripping people of their private health insurance, forcing them into a government-run program.”
On April 10, Sen. Bernie Sanders, I-Vt., unveiled a bill that vows to replace all other insurers — including commercial payers, employer-sponsored payers and Medicaid — with a single government-sponsored plan. Big health insurers like UnitedHealth have seen stock fall due to increased political uncertainty and discussions surrounding Medicare for All.
To view Ms. Verma’s full remarks, click here.
More articles on payers:
CEO of Texas health insurer abruptly resigns
UnitedHealth posts $3.5B profit in Q1
Las Vegas hospital doesn’t contract with any payers
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
