A “Medicare for All’ proposal that was initially crafted and presented by Sen. Bernie Sanders was criticized by Sen. Chris Murphy who used his vote to oppose it. Senator Murphy said he opposes the proposal because he believes in giving individual the right to choose a system they want to invest in.
Supporter of the much flexible and diverse ’Medicare Buy-in’ system, Senator Murphy was speaking at an event hosted by the Washington Post this Wednesday. He shared his opinions on both the systems and highlighted the advantages the buy-in system has over the one suggested by Senator Sanders.
“What I’m suggesting here is that everybody should have the chance to buy in to Medicare, which is the most popular insurance product in the country,” said Senator Murphy. Highlighting the shortcomings of the ‘Medicare for All’ program and said, “Sen. Sanders has a different idea. He says that over time we should outlaw private insurance and require that people take up Medicare.”
Democratics are not the only one criticizing ‘Medicare for All.’ Sen. Bill Cassidy, who is also known for introducing the Obamacare replacement, the Graham-Cassidy program, was also present at the event. “Medicare for all will be Medicare for none, and if you’re on Medicare now and this plan is put into place, a system which is scheduled to go bankrupt in 17 years will go bankrupt in something like 10,” warned Cassidy. “The only people that will initially opt for Medicare will be those who are older and sicker. So you’re going to do what is happening with the exchanges. You would concentrate the older and sick on Medicaid but Medicare is going bankrupt in 17 years. Now that is not me, that is the CMS actuaries who are running it.”
Appreciating Cassidy’s reasoning, Senator Murphy also posed serious questions regarding the implications of the ‘Medicare for All’. “I understand the argument that we might in the end be better off if everybody was on one system of payment but why not let people make the choice themselves, why not let the market determine whether folks want to be on private insurance or whether they want to be on public insurance?”
“You don’t want to bill the system in which you would push off the sick or the very expensive into Medicare and all of those questions could be answered in a legislative debate.”
Senator Murphy also said that everyone should take the initiative to make sure every individual benefits from the program in place. “I just think it’s time to start thinking and talking about some bigger ideas.”