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The flawed logic of Medicare for All

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Abdul El-Sayed, the Democratic candidate for Senate in Michigan, has a simple pitch to voters. Imagine, he says, a health-insurance plan with "no premium, no copay, no deductible- just healthcare when you need it." El-Sayed and other proponents call the idea Medicare for All.

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Property-and-casualty insurer The Hartford announced Wednesday that its CEO, Christopher Swift, planned to step down from the position next year, and that the company's president, A. Morris "Mo" Tooker, would succeed him. Tooker, 57, is scheduled to start as CEO on the same date, a changeover that will make him the 17th person to hold the top position at one of…

His comments followed the Johnson County Commissioners Court’ s recent adoption of a property tax rate of 41.7 cents per $100 of valuation for the new fiscal year, up from 38.9 cents the previous year. “Other banner items that led to the came about because our health insurance coverage costs are going to increase by about $2 million per year,” Boedeker said.“ We’ re also…

Employer-sponsored health insurance is rapidly deteriorating. If the next 25 years of premium increases are like the past 25, then employer premiums will be $120,000 in 2050.. Arguably, the U.S. has been preparing for this transition for six decades.

BOISE, Idaho— Joshua and Ashley Durham run a family medicine practice, and for the first time in their lives, they have no health insurance. "It's nerve-racking," said Joshua Durham, 47. "It just takes, you know, one little accident, and then you got a big fat bill." Nationwide, 7% of all healthcare workers were uninsured in 2024, compared with 11% of all adults under 65,…

Norwood H. Davis Jr., who for two decades led the company that became the largest health insurer in Virginia, died Sunday. Davis, who was diagnosed with Alzheimer's disease, was chairman and CEO of Trigon Blue Cross Blue Shield, which later became Anthem and eventually Elevance Health. After graduating from John Marshall High School, he attended Hargrave Military…

BOISE, Idaho- Joshua and Ashley Durham run a family medicine practice, and for the first time in their lives, they have no health insurance. "It's nerve-racking," said Joshua Durham, 47. "It just takes, you know, one little accident, and then you got a big fat bill." Nationwide, 7% of all healthcare workers were uninsured in 2024, compared with 11% of all adults under 65,…

The Department of Business, Economic Development and Tourism is encouraging Hawaii small businesses to take part in the Federal Reserve's 2026 Small Business Credit Survey, now open through Nov. 13. Last year, feedback from Hawaii participants contributed to national reports on lending trends and the financial health of small businesses following natural…

Senate candidate John Sununu's "ties to the health insurance industry may be a drag on his comeback bid for the U.S. Senate." Sununu "spent nine years at the lobbying firm Akin Gump," which "represented large health insurers" that have faced accusations "of denying claims at an unusually high rate. After leaving office, Sununu spent nine years at the lobbying firm Akin…

A Las Vegas business owner pleaded guilty today to arranging a fake armed robbery of his cell phone repair store to collect money from his insurance company. "When a business owner chooses to engineer a $90,000 fraud scheme, they are not engaging in a victimless crime," said First Assistant United States Attorney Sigal Chattah for the District of Nevada.

Car insurance is expensive, and insuring young adult drivers adds to the cost. "It’ s not an age question," said Mark Friedlander, a spokesperson for the Insurance Information Institute, an industry group. Douglas Heller, director of insurance at the Consumer Federation of America, an association of nonprofit consumer advocacy groups, agreed that there was no…

CARBONDALE— Southern Illinois University graduate assistant Adam Turl faced a big surprise when they tried to register for student health insurance at the start of this semester. Adam Turl and their spouse Tish Turl are no strangers to SIU. Both Adam and Tish Turl said while they love Carbondale and SIU, they feel betrayed— but not shocked— by this decision.

Central Carolina Insurance Agency is welcoming a new member to the team. Gabe Peeler brings a personal and relationship-focused approach to his work in the insurance industry, where he has been building his career since 2022, notes a release from Central Carolina. A North Carolina native, Peeler enjoys spending his free time with family, especially making…

MISSOULA— Bethany Zulick went back to school in January to become a high school English teacher. The health insurance offered through Montana State University was too expensive, Zulick said, almost as much as her tuition. But in June, the state sent a letter that she said left her“ completely confused.” She knew Montana was rolling out a system for work requirements…

Peter Jason Meilahn, a psychotherapist from Duluth, Minnesota, faces 13 felony counts after prosecutors accused him of receiving more than $2.25 million in Medicaid payments for services investigators say were not provided. The Minnesota Attorney General’ s Office said health insurer UCare referred Meilahn to the state’ s Medicaid Fraud Control Unit.

According to news originating from Kansas City, Missouri, by NewsRx correspondents, research stated,“ We develop a model that shows how foreign reserve management decisions can adversely affect U.S. money market liquidity. Our news journalists obtained a quote from the research from the Federal Reserve Bank of Kansas City,“ Over the relevant horizon, this…