Please find my response below to an email I received from Sen. Cory Gardner on Oct. 20.
Sen. Gardner, your response regarding health care financing is wrong. The creation of multiple, smaller risk pools is the most costly, economically unsound health care financing there is.
A single large risk pool, i.e., medicare-for-all, is the most economically and actuarially sound health financing, preventing all high-risk insured individuals from being forced into one small risk pool, bound to be overwhelmed by costs.
Only a large single-risk pool insurer has the economy of scale to negotiate global budgets and bulk rates for pharmaceuticals and medical equipment. Mischaracerization of medicare-for-all as “socialized medicine” is wrong. It is single financing for private and public providers - not like the Veterans Administration or England, where providers are hospital employees.
People want full choice of providers - available only with Medicare - not a choice of fragmented multi-payer health insurances that continually drive up costs and cut benefits, while shrinking provider networks, to benefit insurers’ bottom lines.
We need medicare-for-all!
Michele Swenson
Denver
