Medicare for All Now in the US

Medicare for All Now in the US

by Stephen Lendman (stephenlendman.orgHome – Stephen Lendman)

Although COVID-19 has not reached epidemic or pandemic levels, despite the WHO claiming otherwise, its spread to around two-thirds of world countries suggests cases can show up anywhere with the potential of spreading rapidly from person to person.

Because the disease is highly contagious, it could reach epidemic and pandemic levels in the weeks and months ahead.

We’re in uncharted territory. On February 28, economists Jeffrey Sachs, Robert Reich, Robert Pollin, Emmanuel Saez, and others called for Medicare for all at a time when the risk of COVID-19 spreading shows it’s vitally needed.

From a public and personal health standpoint, it’s essential for everyone, especially in the world’s richest nation.

The US is world’s only developed nation without some form of universal healthcare because both right wings of duopoly rule prioritize use of the nation’s ample resources to benefit business and high-net worth individuals at the expense of equity and justice for all.

This must end. Politicians won’t do it without pushing. Mass action is needed to demand no less.

COVID-19 is an opportunity because of its risk to public health at a time when millions of Americans are uninsured, most others underinsured — the cost of healthcare in the US unaffordable for increasing numbers of people.

In an open letter, the above named economists explained that “Medicare for All (M4A) could be considerably less expensive than the current healthcare finance system,” adding:

“Medicare for All (M4A) could be considerably less expensive than the current healthcare finance system.”

It could eliminate profiteering by Big Pharma, insurers, and large hospital chains — “sav(ing) hundreds of billions of dollars per year…”

Costs would “be predictable, enabling households and businesses to plan in a way that is impossible today.”

“By eliminating insurance premiums and out-of-pocket expenses, and lowering overall healthcare costs, Medicare for All will result in enormous savings for almost all households, all except the richest households who will pay more in taxes.”

They should under a progressive tax system that once existed in the US before eliminated to transfer wealth from ordinary people to business and the rich.

“Most important, Medicare for All will reduce morbidity and save tens of thousands of lives each year” in the US.

 

COVID-19 is an economic as well as a public and personal health issue. 

The Trump regime favors corporate and payroll tax cuts in deference to monied interests —

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