National Association of Insurance and Financial Advisors

NAIFA Issues Policy Statement on "Medicare for All"

An increasing number of states are considering legislation to enact a single-payer health insurance system. Under such a proposal, the state would administer a government-run health care program that would supplant the private insurance market and cover the cost of all health care services and procedures for state residents. Similarly, at the federal level, some members of Congress are supporting a related concept referred to as “Medicare For All.” 
 
Medicare For All-style programs would expose patients to prolonged and unnecessary wait times for both routine care and critical procedures, likely lead to rationing of health insurance services, and stifle health care innovation. These programs would also impose burdensome costs on American taxpayers with some studies estimating a cost of tens of trillions of dollars over the next decade.   

In a policy statement issued by NAIFA's Board of Trustees, NAIFA strongly supports the private insurance market and urges legislators to reject government-run health care proposals.
  • Posted April 10, 2019 IN


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