‘If the insurance industry wants to continue to participate to offer some kind of coverage for some kind of thing, they’ll have to compete for those customers…’
(Joshua Paladino, Liberty Headlines) During a CNN Town Hall on Tuesday, Sen. Kirsten Gillibrand, D-NY, avoided a question about forcibly eliminating private insurance companies by speaking as if Medicare for All would allow competition between the private and public sector.
“You’ll have to see whether they want to compete or not,” Gillibrand said. “I don’t think they will.”
She declared, without providing evidence, that single-payer health insurance would be “higher quality” and “far more affordable” than private health insurance.
Gillibrand knows she’s lying.
She said in February that eliminating private insurance companies “is a goal and an urgent goal” of the Democratic Party.
“Well, clearly what will happen is you’ll create competition in the system because the for-profit insurance companies, their obligation is to their shareholders, not to their patients,” she said.
“Their goal is actually to make money every quarter, pay their CEOs millions of dollars, and they put enormous fat in the system—enormous cost in the system—because their priority is their returns and their profits.”
Gillibrand also said she supports Bernie Sanders’ Medicare for All plan, which would outlaw nearly all private insurance companies and thus make competition illegal and impossible, The Washington Post reported.
She co-sponsored the legislation in 2017.
Gillibrand said a transition plan in the Medicare for All bill would “let Americans choose” between public and private health insurance.
“If the insurance industry wants to continue to participate to offer some kind of coverage for some kind of thing, they’ll have to compete for those customers,” she said, “but if you let America choose basic care through Medicare, which is higher quality and far more affordable, I can’t imagine that most Americans won’t choose it.”
The plan would shift costs from deductibles, co-pays, and other out-of-pocket expenses to higher taxes.
Medicare for All would receive funding from new taxes on employers and employees and financial corporations.