🔗 Share this article I'm a Hardcore Capitalist, Yet Medicare for All Is the Optimal Hope for US Health System Out-of-pocket costs. In-network. Non-preferred providers. Concierge medical services. Out-of-pocket expenses. Co-payment. Shared insurance. Benefit advisers. Coverage agents. Medical advisors. ACA. Health Maintenance Organization. PPO. Exclusive Provider Organization. Point of Service. HDHP. Health Savings Account. FSA. Health Reimbursement Arrangement. Explanation of Benefits. COBRA. SHOP. Individual coverage. Family coverage. Premium tax credits. Baffled? You should be. Who understands this complex system? Certainly not the average entrepreneur. Nor the typical worker. Selecting the right medical coverage for companies – or for households – seems like demands a PhD in medical insurance. Our Healthcare System Isn't Just Complex, It Is Costly According to a recent study, the average family pays $27,000 each year on medical coverage (increasing by 6% compared to last year). The average company healthcare expense is expected to surpass $seventeen thousand per employee by 2026, an increase of 9.5% compared to 2025. Now federal operations has ceased functioning due to political disagreements regarding tax credits that experts say will lead to a doubling of premiums for millions of Americans. When Will We Truly Examine National Health Insurance? How soon might we seriously consider universal healthcare coverage in the United States? I'm convinced we're getting closer because this can't continue. I'm not suggesting government-run medicine. I'm proposing that our already existing Medicare system – an insurance system – merely extend to cover everyone. Our infrastructure remains intact. The way medical professionals receive payment would change. Trust me, they will adjust. How National Health Insurance Could Function A national health insurance program would need contributions from employees and employers. In similar programs, an employee earning average wages must contribute about five point three percent toward medical coverage. Their employer must contribute approximately thirteen point seventy-five percent. Does this seem expensive? Unless you compare it to what the typical US resident spends. I know multiple businesses that are routinely paying between eight to fifteen percent of their employee wages for medical benefits. And keep in mind that with inclusive programs, these contributions also cover pension plans, illness coverage, parental benefits and unemployment benefits in addition to supporting medical services. When including these expenses compared with what we pay for our retirement plans, unemployment insurance and paid time off, the difference decreases. Implementation in the US In the US, universal healthcare funding would increase existing Medicare taxes, a system already established. It ought to be income-adjusted – those at higher income levels would pay more than those earning less. There would be both an employee and employer contribution. And, like much of federal military, technology, social programs and transportation services, the program should be outsourced to third-party administrators instead of federal agencies. Benefits for Small Businesses A national health insurance program would be a significant advantage for entrepreneurs like mine. It would put small companies in equal competition with our larger competitors who can afford better plans. It would make management much easier (automatic payroll withholding remitted like retirement and healthcare taxes, rather than separate payments to benefit firms and coverage administrators). It would make simpler for us to budget annual expenditures, instead of going through the complex (and ineffective) process of negotiating with the big insurance providers required annually each year. Because it's simplified, there would exist improved comprehension of coverage among workers – contrasted with existing arrangements where they have to interpret the complications of current options. Additionally there would definitely exist less liability for companies as we no longer would be privy to our employees' health histories for purposes of weighing risks and different options. Free-Market Viewpoint I'm as capitalist as they get. But I've learned that public institutions play important functions in society, including national security to supporting essential systems. Ensuring medical coverage for everyone via universal healthcare strengthens economic foundations. It's a better, simpler approach for small businesses which hire the majority of American employees and generate half of our GDP. It enables for workers to enjoy better health, have better attendance and be more productive. Addressing Concerns Exist a million considerations I'm not addressing? Certainly. But with all the healthcare cost increases experienced in recent years, it's clear that current healthcare legislation isn't functioning effectively. And I realize that America isn't a small, Scandinavian country where major reforms are easier to implement. However extending Medicare for all, despite increased taxation that would be incurred, would still be a better and more affordable approach both for controlling healthcare costs but providing access for all citizens. Need for Realistic Evaluation We as Americans, must reduce our own arrogance. America's medical care isn't exceptional. We rank significantly behind numerous nations with the best healthcare in the world, based on comprehensive research. Perhaps a bright spot in this current situation is that we take a hard look at ourselves and acknowledge that big changes need to happen.