Medicare for All could Die in 2020 as Private Insurers Add Seniors
Health insurers are expected to make it more difficult on Presidential candidates pushing single payer versions of “Medicare for All” after they added hundreds of thousands of seniors to their private Medicare Advantage plans this year.
New benefits for seniors under Medicare Advantage began Wednesday, the first day of the 2020 New Year, in what has already been a record for the number of health plans participating in a program that offers seniors the same benefits as traditional Medicare plus extras like preventative care and outpatient healthcare services.
This new Medicare Advantage enrollment comes as most Democrats running for their party’s nomination for the Presidency back off a single payer version of Medicare for All that would uproot the private insurance industry.
The lack of momentum for a single payer version of Medicare for All among Democrats vying to challenge President Donald Trump should Republicans re-nominate him isn’t lost on health plans signing up seniors to Medicare Advantage.