🔗 Share this article As a Dedicated Free-Market Advocate, But Medicare for All Is the Best Solution for American Health System Deductibles. Preferred providers. Out-of-network. Premium health services. Personal healthcare costs. Fixed payment. Co-insurance. Benefit advisers. Insurance brokers. Medical advisors. ACA. HMO. PPO. EPO. Point of Service. High Deductible Health Plan. HSA. Flexible Spending Account. HRA. EOB. COBRA. SHOP. Single coverage. Family coverage. Premium tax credits. Baffled? You should be. Who understands this complex system? Not the typical business owner. Nor the typical employee. Selecting the appropriate medical coverage for companies – or for households – appears to require it requires a PhD in medical insurance. The Healthcare System Is More Than Complex, It Is Costly According to recent research, typical households spends $27,000 each year on medical coverage (increasing by 6% from last year). The average company healthcare expense is projected to exceed $17,000 per employee by 2026, a 9.5% jump compared to 2025. Currently federal operations has ceased functioning due to political disagreements over tax credits that experts say will lead to a doubling of premiums for millions of Americans. When Might We Truly Examine 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 system – an insurance system – merely extend to include all citizens. The existing system doesn't change. How medical professionals get paid would change. Trust me, they will adjust. How National Health Insurance Would Work Universal healthcare coverage would need payments from workers and companies. In similar programs, a worker earning moderate income must contribute about five point three percent toward medical coverage. Their employer pays about thirteen point seventy-five percent. Does this appear like a lot? Unless you compare it to what the typical US resident spends. I can name multiple businesses that are easily contributing anywhere from 8% to 15% of their employee wages to their healthcare costs. And keep in mind that with comprehensive systems, those payments also cover pension plans, illness coverage, maternity leave and unemployment benefits in addition to funding healthcare facilities. When you add those costs versus what we pay for our retirement plans, unemployment insurance and paid time off, the difference decreases. Execution in the US In the US, universal healthcare funding would increase our Medicare tax deduction, a system that is already in place. It ought to be means-based – wealthier individuals would pay more than lower-income earners. This includes both worker and company payments. Similar to many federal defense, technology, social programs and infrastructure, the system could be managed to third-party administrators instead of a government office. Advantages for Entrepreneurs A national health insurance program represents a significant advantage for entrepreneurs such as my company. It would place us on a level playing field against big corporations who can afford superior coverage. It would make management much easier (automatic payroll withholding processed similarly to social security and Medicare taxes, rather than individual transactions to benefit firms and coverage administrators). It would enable it easier to plan expenses annual expenditures, rather than going through the complicated (and fruitless) theater of bargaining with the big insurance providers that we must do every year. Because it's simplified, there would be a better understanding of coverage by our employees – as opposed to the current system where they have to interpret the complexities of current options. Additionally there would definitely exist reduced responsibility for companies as we no longer have access to our employees' medical records for purposes of weighing risks and different options. Free-Market Viewpoint 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. Ensuring medical coverage for everyone through a national insurance system strengthens our economy's infrastructure. It represents superior, simpler approach for small businesses that employ more than half of the country's workers and generate half of our GDP. It enables employees to enjoy better health, have better attendance and increase productivity. Addressing Concerns Are there a million considerations I haven't covered? Certainly. But with rising medical expenses experienced recently, it's clear that current healthcare legislation is not working effectively. And I realize that we're not a compact European nation where big changes are easier to implement. But expanding universal Medicare, even with the additional taxes required, would remain a better and less expensive strategy for not only controlling healthcare costs but providing access for all citizens. Need for Honest Assessment As Americans, we need to reduce our own arrogance. Our healthcare system isn't so great. We rank well below numerous nations in healthcare quality globally, based on major studies. Maybe one bright spot in this present circumstances could be that we take a hard look at ourselves and agree that big changes are necessary.