The idea of expanding Medicare to cover all Americans is becoming more and more popular…..
In a historic step toward replacing America’s uniquely expensive and deadly for-profit healthcare system with a humane program that would leave no one behind, Rep. Pramila Jayapal (D-Wash.) on Wednesday will officially introduce Medicare for All legislation that policy experts and advocates have praised as comprehensive, strong, and “battle-ready.”
“The state of our healthcare system is absolutely atrocious,” Jayapal told reporters on the eve of the bill’s release. “How is it possible that the United States, the richest country in the world, is the only major country that does not guarantee healthcare to our residents?”
Of course few Repubs will like this turn of events….and we will be bombarded with the specter of socialism….it is all they can do for they no zero ideas.
The news that Medicare For All is moving along the insurance companies who have a choke hold on American health care suffered a bit on the markets…..
Support for Medicare for All is rapidly gaining momentum in Congress—and insurance investors are starting to get nervous.
Health insurance stocks tanked on Wednesday as Rep. Pramila Jayapal (D-Wash.) introduced comprehensive Medicare for All legislation with the backing of more than 100 House Democrats and major progressive organizations, including America’s largest nurses’ union and national consumer advocacy groups.
“The S&P 500 Managed Health Care Index plunged as much as 4.9 percent, the most since Dec. 6, led by UnitedHealth Group Inc., Humana Inc., and WellCare Health Plans Inc.,” Bloomberg reported after Jayapal unveiled her bill during an event on Capitol Hill. “Insurers UnitedHealth and Cigna Corp, which also own the country’s largest pharmacy benefit managers, were both down about four percent.”
All I can say is screw the “industry” Americans need adequate health care…..
I among others have been calling for this action for decades and finally we have someone who listens and acts…..