EDITORIAL: Bennet rolls out Medicare-X to another collective yawn - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
February 26, 2021 Newswires
Share
Share
Post
Email

EDITORIAL: Bennet rolls out Medicare-X to another collective yawn

Gazette (Colorado Springs, CO)

Feb. 26—"Health care is a right, not a privilege."

We've heard this before and we're hearing it again, this time as the first line in Sen. Michael Bennet's new news release about his old idea for fixing health care. We won't dispute the "right" versus "privilege" view, but we will say the "right" to something doesn't make it available.

We can tell people all day long they have a "right" to the latest iPhone, but until supply meets demand, we'll see millions of consumers live without it. That's just the way things work.

Bennet, D-Colo., reintroduced his bill to create Medicare-X with what he calls "my Medicare-X Choice Act." He introduced it this week with Sen. Tim Kaine, D-Va. Sen. John Hickenlooper, D-Colo., is also a co-sponsor.

Bennet has attempted this before, and it makes no more sense than it ever has.

The bill would create a public option by expanding the Affordable Care Act. Families, individuals, and small businesses, the senators assure us, could obtain low-cost health insurance through Medicare "to finally cover everyone."

"As we continue to face a devastating pandemic where millions of Americans are uninsured or underinsured, Medicare-X is the best way to cover everyone, reduce health costs, and improve the quality of health insurance for all Americans — including those who've historically suffered the most from poor access to quality coverage and care," Bennet said in his news release.

The devastating pandemic has shown us the problem with health care is, in fact, "care." It is not a crisis of "coverage," which is the only aspect of health care this bill addresses.

Throughout the pandemic, few medical services have turned away patients for lack of insurance or ability to pay out of pocket. That's the way it should be. Save a life first; worry later about the bill.

The pandemic scared politicians, health care professionals, and the general public because we potentially lacked an adequate supply of hospital beds, ventilators, and professionals prepared to treat the disease. We could have cranked out unlimited "free" or "reduced" health care policies, and it would not have created a single new hospital bed or life-support system.

Our health care crisis will never be solved until we find a way to allow the market to provide a surplus of competitive health care. Politicians love to give away insurance, and the recipients too often realize the policies don't get them reasonable access to health care, much less access they can afford.

A flood of easy health care policies puts more demand on a system that struggles to supply the health care everyone needs. When demand on the system grows, we see rationing in the form of long waits for appointments, high deductibles and copays and rejected claims.

We have often discussed health care over the years with Bennet and Hickenlooper, and each has agreed we have a crisis of care more than one of insurance.

We ask them again to try resolving the health care dilemma with a plan that incentivizes a greater supply of health care. Find a way to get more people through medical school. Incentivize investments in new drugs, hospitals, clinics and medical equipment.

Medicare works well because it covers people who have spent their lives paying for it and finally qualify for benefits later in life. Simply handing those same benefits to everyone else will not create adequate health care. It will merely redistribute what we have at the expense of senior citizens.

Republicans have done nothing to fix health care and have barely tried. Democrats control the federal government, and this is yet another chance for the party's leading politicians to solve this problem.

Get it right by solving the real problem and creating a market of abundant and affordable care that is easy to access. Redistributing Medicare and marking it with an "X" won't solve the problem any more than a maze of smoke and mirrors.

The Gazette Editorial Board

___

(c)2021 The Gazette (Colorado Springs, Colo.)

Visit The Gazette (Colorado Springs, Colo.) at www.gazette.com

Distributed by Tribune Content Agency, LLC.

Newer

White Mountains Declares Annual Dividend

Advisor News

  • House panel votes to raise certain taxes, transfer money to offset Medicaid shortfall
  • Iowa House backs temporary tax hike to fill Medicaid gap
  • Iowa Medicaid temporary tax plan draws sharp public opposition
  • Charitable giving planning can strengthen advisor/client relationships
  • New $6K deduction could provide tax planning window for retirees
More Advisor News

Annuity News

  • We can help find a loved one’s life insurance policy
  • 2025: A record-breaking year for annuity sales via banks and BDs
  • Lincoln Financial launches two new FIAs
  • Great-West Life & Annuity Insurance Company trademark request filed
  • The forces shaping life and annuities in 2026
More Annuity News

Health/Employee Benefits News

  • CT leaders debate how to fix health care: Blunt federal cuts, up reimbursement or kill private health care?
  • When health insurance costs $2,500 per month, families make tough choices
  • In U.S. Health Insurance Market, Consolidation Of Insurers Is Increasing Premiums
  • Health insurance jargon can be frustrating and confusing – here's how to navigate it
  • Minnesota Blue Cross CEO steps down from Sutter Health board over conflict of interest
More Health/Employee Benefits News

Life Insurance News

  • Murray Giles Hulse
  • New individual life premium hits record-setting $17.5B in 2025
  • Maryland orders Cigna to halt underpaying doctors or give cause
  • Insurers optimistic about their investments in 2026
  • AM Best Affirms Credit Ratings of PVI Insurance Corporation
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Press Releases

  • LifeSecure Insurance Company Announces Retirement of Brian Vestergaard, Additions to Executive Leadership
  • RFP #T02226
  • YourMedPlan Appoints Kevin Mercier as Executive Vice President of Business Development
  • ICMG Golf Event Raises $43,000 for Charity During Annual Industry Gathering
  • RFP #T25521
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet