Medicare for All Takes Center Stage
Preston L Williams, Bryce R Williams and Joanna P Williams
Published: December 30, 2021
Abstract
Rising interest in a single-payer healthcare system known as Medicare for All (MFA) has reached the support of nearly 55% of physicians and two-thirds of Americans polled [1]. This comes at a time when nearly 29 million Americans remain uninsured in the setting of a 4.6% increase in healthcare spending in 2019 totaling $3.8 trillion in expenditures, despite the implementation of the multitude of insurance options within the Affordable Care Act (ACA) of 2010 [2]. Presently, there are two bills in the legislature being considered to address this matter with the Medicare for All Act of 2019. Lobbyists are considering a government- funded healthcare system that would serve to reduce burdensome administrative and health-related costs and simplify an already multiplex insurance-laden system.
Keywords: Medicare programs; Fee-for-service; Private insurance; Selection bias; Drug costs; Medicare reimburse