Opinion: Has The Time Come For Single-Payer? - 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
    • Advertise
    • Contact
    • Editorial Staff
    • 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
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
February 11, 2019 Newswires
Share
Share
Post
Email

Opinion: Has The Time Come For Single-Payer?

Durango Herald, The (CO)

We read a shocking story on The Intercept the other day, "Top Nancy Pelosi aide privately tells insurance executives not to worry about Democrats pushing 'Medicare for All.'" It is a long piece of detailed reporting that we urge you to read for yourselves.

The Intercept is a left-leaning news site. It can be scabrous about both Democrats and Republicans, and also, now and then, essential. This article, by D.C. correspondent Ryan Grim, is.

It begins with a Power Point presentation The Intercept obtained. It was given by Wendell Primus, who works on health care policy for U.S. House Speaker Pelosi. He gave it to executives of Blue Cross Blue Shield, the huge health insurer, in early December, after Democrats had retaken the U.S. House.

Primus said that Democrats "would be allies to the insurance industry in the fight against single-payer health care." While Democrats are united around the concept of universal coverage, he explained, they see "strengthening the Affordable Care Act as the means to that end."

And so, just like that, we are back in 2016, with Bernie Sanders arguing for single-payer and Hillary Clinton arguing for Obamacare instead.

It was a false choice then and it is today. Still, much has changed in two years.

Our views have evolved. We looked skeptically at single-payer in the past, which means socializing the health care sector of the economy.

Socialism was never going to be our first choice because it means losing the productive capacity of markets, which is what once created the American dream and what continues to be the world's dream.

Since 1990, more than 1 billion people have moved out of extreme poverty worldwide, as Fareed Zakaria recently pointed out. "Inequality, from a global perspective, has declined dramatically." This was not the magic of socialism but of markets.

Yet if markets were going to solve the problems of American access to health care, which seem to grow daily more acute, they would have done so by now. Instead, it is profit-taking in health care that is making the problem of access worse.

The time has come to follow other advanced economies and move to single-payer. It would have been much easier to do when President Eisenhower advocated for it in the 1950s. It would have been easier to do when Teddy Kennedy tried to run on it against Jimmy Carter in the 1980 Democratic primaries. We think it still can be done.

More than that, we think this is one of the great things a great nation can do, one of the big things. We know few people who are happy with their insurance now (let alone the billing). We know many who pay significant premiums and hesitate to seek care because they fear they will not be able to afford it.

We are not afraid of the cost of single-payer because we know that it is unlikely to exceed what Americans spend on health care already. We want them to get what they pay for.

We have seen Democrats step forward in the 2020 race who are open to single-payer, such as Elizabeth Warren and Kamala Harris. It would be nice if the Democratic majority in the House could pass legislation that they can run on – but it will be over our dead bodies, to hear Wendell Primus tell it.

We do not think we have swung to the left of the Democratic Party on this. We think its leadership is stuck in the mud.

Older

Strict Wildfire Liability Rule Hinders PG&E

Newer

Medicare Program; Approval of Request for an Exception to the Prohibition on Expansion of Facility Capacity Under the Hospital Ownership and Rural Provider Exceptions to the Physician Self-Referral Prohibition

Advisor News

  • SEC in ‘active and detailed’ settlement talks with accused scammer Tai Lopez
  • Sketching out the golden years: new book tries to make retirement planning fun
  • Most women say they are their household’s CFO, Allianz Life survey finds
  • MassMutual reports strong 2025 results
  • The silent retirement savings killer: Bridging the Medicare gap
More Advisor News

Annuity News

  • Advising clients wanting to retire early: how annuities can bridge the gap
  • F&G joins Voya’s annuity platform
  • Regulators ponder how to tamp down annuity illustrations as high as 27%
  • Annual annuity reviews: leverage them to keep clients engaged
  • Symetra Enhances Fixed Indexed Annuities, Introduces New Franklin Large Cap Value 15% ER Index
More Annuity News

Health/Employee Benefits News

  • Wellpoint taps Rachel Chinetti as president
  • Proposed changes to MA and Part D would harm seniors’ coverage in 2027
  • Pan-American Life Insurance Group Reports Record 2025 Results; Premiums Reached $1.86 Billion and Net Income Totaled $110 Million as Company Enters Its 115th Year
  • LightSpun and Smile America Partners Announce Partnership to Accelerate Dental Provider Enrollment to Expand Treatment for 500K Underserved Kids
  • Lawmakers try again to change ‘reflection in the mirror’ for cancer patients
More Health/Employee Benefits News

Life Insurance News

  • LIMRA: Individual life insurance new premium sets 2025 sales record
  • How AI can drive and bridge the insurance skills gap
  • Symetra Partners With Empathy to Offer Bereavement Support to Group Life Insurance Beneficiaries
  • National Life Group Ranked Second by The Wall Street Journal in Best Whole Life Insurance Companies of 2026
  • Majority of Women Now Are the Chief Financial Officer of Their Household, Allianz Life Study Finds
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.

Press Releases

  • RFP #T25521
  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
  • RFP #T22521
  • Hexure Launches First Fully Digital NIGO Resubmission Workflow to Accelerate Time to Issue
  • RFP #T25221
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
  • Advertise
  • Contact
  • Editorial Staff
  • 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