According to UnitedHealth's CEO, the costs of Medicare for All would “surely have a severe impact on the economy and jobs — all without fundamentally increasing access to care.” (Photo: Shutterstock)
The U.S.'s biggest health insurer sharply criticized the “Medicare for All” proposals being debated by Democrats, saying they would destabilize the nation's health-care system and disrupt the economy.
UnitedHealth Group Inc., which provides health insurance to almost 50 million people, said the proposal by some liberal Democrats would amount to a “wholesale disruption of American health care.” Contenders for the Democratic presidential nomination, including Senator Bernie Sanders of Vermont, have called for government-run health care as a way of covering more people, calling it a “human right, not a privilege.”
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