Caught on Tape: MD Dem Gov Candidate Ben Jealous Admits Socialized Healthcare Plan Will Cause Mass Layoffs
Targeted News Service (Press Releases)
WASHINGTON, Oct. 18 -- The Republican Governors Association issued the following news release:
It's not everyday you see a gubernatorial candidate promising to lay off thousands of people in a vital industry, but that's exactly what Maryland Democrat Ben Jealous is pledging.
In June, Jealous said that he "plans to push for a state-run, single-payer health-care system if he wins the governorship."
Single-payer healthcare is a socialized system in which the government bans private insurance. The vast majority of Marylanders would be forced off their current healthcare plan.
Asked about what would happen to the employees of Maryland health insurance companies under his plan, Jealous openly admits that "the reality is that some folks will have to find a different job."
Ben Jealous' promise to lay off health insurance sector employees poses massive risks to Maryland's economy.
Service sector jobs, especially those in the healthcare industry, have fueled Maryland's recent economic growth, helping pull Maryland's economy out of the Great Recession. Maryland's 10th largest employer is BlueCross BlueShield.
Ben Jealous' candid openness to abolishing private insurance and laying off an entire sector of the economy is dangerous for Maryland.
SERVICE MAINTENANCE AND CALIBRATION FOR MEDICAL LASER EQUIPMENTS
Sen. Feinstein Issues Statement on Bipartisan Health Care Bill
Advisor News
- Why advisors should offer retirement-longevity planning
- A hybrid approach outperforms the 4% Rule, researchers find
- The missing piece in most retirement plans
- Clients are bringing TikTok insurance advice into advisor meetings
- Embracing a family-centric approach to financial planning
More Advisor NewsAnnuity News
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
- Cayman Islands premier to meet with U.S. reinsurance regulators
- Investigation finds deceptive sales, churning of annuities targeting postal workers
- Corebridge annuity sales slip ahead of Equitable marriage
- California teachers settle class-action lawsuit over in-plan annuity fees
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- AM Best Affirms Credit Ratings of PT KB Insurance Indonesia
- Westaim Reports Q2 2026 Results for the Quarter Ended June 30, 2026 and Leadership Update for Ceres Life Insurance Company
- Bismarck man convicted of insurance fraud involving dead wife sentenced to prison
- Insurers, rating firms push back on NAIC credit rating oversight plan
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
More Life Insurance News