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The Risks of Medicare for All

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By Doug Badger

National Review, December 12, 2018

Medicare for All advocates argue that government would allocate medical goods and services more efficiently than do our current financing arrangements. But government programs, which already account for the majority of health care spending, have not demonstrated such a proclivity. And planting a government-financed health care system requires uprooting another—employer-sponsored insurance (ESI) that has grown, adapted, and evolved over decades. Policymakers should carefully weigh the implications of such a change, not merely for the public fisc in replacing ESI spending with tax dollars but for the value that ESI brings to support our network of government health care programs. Read more…