Medicare For All
O.K., the obvious question: If Medicare is so much better than private insurance, why didn’t the Affordable Care Act simply extend Medicare to cover everyone? The answer, of course, was interest-group politics: realistically, given the insurance industry’s power, Medicare for all wasn’t going to pass, so advocates of universal coverage, myself included, were willing to settle for half a loaf. But the fact that it seemed politically necessary to accept a second-best solution for younger Americans is no reason to start dismantling the superior system we already have for those 65 and over.
Accepting this as true (and people like Jon Gruber and Ezra Klein who championed the Wyden-Bennett exchange reform would not accept this as true based on their writings at the time), how precisely does the "second best option" work? I'm simply not seeing it, and while Krugman keeps describing the exchanges as "the second best option" and "half a loaf," I do not understand his reasoning for expecting positive results from the exchanges. As I said at the time, any expansion of Medicaid for the less well off is a positive, and that is why I supported a positive vote for ACA. But the exchange/subsidies reform? No, that's not a "second best option" or "half a loaf." It will fail in my estimation.
Speaking for me only
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