As a Committed Capitalist, Yet Medicare for All Is the Best Solution for US Health System

Out-of-pocket costs. In-network. Out-of-network. Concierge medical services. Personal healthcare costs. Co-payment. Shared insurance. Benefit advisers. Insurance brokers. Healthcare consultants. ACA. HMO. Preferred Provider Organization. EPO. POS. High Deductible Health Plan. Health Savings Account. FSA. Health Reimbursement Arrangement. EOB. COBRA. Small Business Health Options Program. Individual coverage. Dependent coverage. Insurance subsidies.

Confused? It's understandable. Who understands this complex system? Certainly not the average business owner. Neither the average employee. Choosing the appropriate healthcare insurance for our business – or for households – seems like demands advanced expertise in healthcare.

Our Medical System Isn't Just Complex, It's Expensive

Based on recent research, the average family pays $twenty-seven thousand each year on medical coverage (up 6% from last year). Typical employer health insurance cost is expected to exceed $17,000 for each worker by 2026, an increase of 9.5% from 2025.

Currently federal operations is shut down because partisan disputes over subsidies which analysts predict will lead to premium increases up to 100% for millions of Americans.

When Might We Seriously Consider Universal Healthcare?

When will we seriously consider universal healthcare coverage in the United States? I'm convinced we're approaching that point because this can't continue.

I'm not proposing national healthcare. I'm advocating for our current Medicare program – an insurance system – merely extend to include all citizens. Our infrastructure remains intact. The way medical professionals get paid changes. Believe me, they'll adapt.

The Way National Health Insurance Could Function

Universal healthcare coverage would require contributions from both workers and companies. In similar programs, a worker making moderate income pays approximately 5.3% toward medical coverage. Their employer pays approximately thirteen point seventy-five percent.

Does this appear like a lot? Unless you contrast that with what average US resident spends. I know dozens of businesses that are routinely paying between 8% to 15% of payroll costs for medical benefits. Remember that with inclusive programs, those payments also cover retirement benefits, sick pay, parental benefits and job loss protection along with supporting medical services. When you add those costs compared with what we pay on retirement programs, job loss coverage and vacation benefits, the difference decreases.

Implementation for America

In the US, universal healthcare funding would increase our Medicare tax deduction, a framework that is already in place. It ought to be means-based – wealthier individuals would pay more than those earning less. There would be both an employee and employer contribution. Similar to many our government's military, technology, welfare services and infrastructure, the system could be managed by private contractors instead of federal agencies.

Benefits for Entrepreneurs

Universal healthcare coverage represents a significant advantage for small businesses such as my company. It would place us on a level playing field against big corporations who can afford better plans. It would render management significantly simpler (automatic payroll withholding remitted like retirement and Medicare taxes, rather than separate payments to insurance companies and coverage administrators).

It would make simpler for us to budget our yearly costs, rather than going through the complex (and fruitless) process of bargaining with the big insurance providers required annually every year. Due to simplification, there would be improved comprehension about benefits by our employees – contrasted with the current system where they have to decipher the complications of existing plans. Additionally there would certainly be less liability for employers since we wouldn't would be privy to our employees' health histories for purposes of weighing risks and alternative plans.

Capitalist Perspective

I'm as pro-market as they get. But I've learned that public institutions play important functions in society, from providing defense to supporting essential systems. Providing healthcare for everyone via universal healthcare enhances economic foundations. It represents superior, easier system for small businesses which hire more than half of the country's workers and generate half the economic output. It enables employees to be healthier, have better attendance and increase productivity.

Addressing Concerns

Are there numerous factors I haven't covered? Of course there are. But with all the healthcare cost increases experienced in recent years, it's evident that the Affordable Care Act is not working effectively. I understand that we're not a small, Scandinavian country where big changes can be readily adopted. However extending universal Medicare, even with increased taxation required, would still be a better and more affordable strategy for not only controlling healthcare costs and ensuring coverage to everyone.

Time for Realistic Evaluation

We as Americans, we need to reduce our own arrogance. America's medical care isn't so great. The US places significantly behind many other countries with the best healthcare globally, based on comprehensive research. Perhaps a positive aspect amid present circumstances is that we undertake serious examination at ourselves and agree that major reforms need to happen.