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In a previous podcast, I talked about the four hard healthcare questions that we avoid. In this podcast I am going to talk about private insurance, and specifically how the Medicare for All crowd comes close to telling bald-faced lies about private insurance to justify the need for Medicare for All.
So here are the four big lies or misstatements about private health insurance:
None of these statements are true. I understand that insurance companies make an easy target to blame for costs and lack of coverage. But the insurance companies are the least responsible for the significant increase in the cost of care over the past four decades. Instead the increase primarily comes down to two factors: technology and utilization. The hardest truth in healthcare is that we can’t afford to spend an unlimited amount of money to save any one person. We just can’t. At some point, we have to stop paying the healthcare costs to keep a person alive.
No amount of fantasizing or demonizing insurance companies is going to change this. And until we stop demonizing insurance companies, we aren’t going to have the conversation on healthcare that we need.
It’s just amazing that Republicans’ heads aren’t exploding right now. I’m not some Trump hater. I don’t think he’s some Russian plant sent to destroy our way of life. But I do think he is an intellectual train wreck, who can barely look beyond the next news cycle. And as a result, almost everything the Republican Party has held as sacred, this President in destroying.
I’m not a Trump fan or voter, but sometimes I think the people that hate Trump, are so anxious to present him as wicked that they purposely distort or misunderstand what he says. An example was when Trump was talking about his China policy late last year and said “I am the Chosen One”. He was immediately accused of comparing himself to Jesus. Trump wasn’t comparing himself to Jesus. He was just noting the role that he was playing in our history, and he was right - he is an agent of change.
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