For 25 years I’ve been saying that I wished a little state like Vermont would implement a single-payer Canadian-style health insurance system––”Medicare For All.” My argument has always been that such a small and limited experiment would give us the opportunity to see the ideological arguments for such a system play out in the face of fiscal reality and the stakeholders fighting it out in the political arena over who would get the money. The rest of the country would be able to learn a lot from it.
I have always thought that this debate will never be settled until a state gives it a shot and everybody witnesses the result.
So, I was excited to see that Vermont, of all places, was indeed going to give it a shot when they passed Act 48 back in 2011. It was no longer a theory, a state was really going to do it––”Medicare For All.”
Until last month.
Turns out reality crashed head-on with ideology a lot quicker than even I expected it to.
Vermont’s governor pulled the plug on his plan because the state couldn’t afford it.
Read the full article here.
Contact Steven G. Cosby, MHSA with questions or to request more information and to schedule a healthcare plan evaluation, savings analysis or group plan solution for your company.
