🔗 Share this article As a Committed Capitalist, But Medicare for All Is the Best Solution for US Healthcare Deductibles. In-network. Out-of-network. Premium health services. Personal healthcare costs. Fixed payment. Co-insurance. Insurance consultants. Insurance brokers. Healthcare consultants. Affordable Care Act. Health Maintenance Organization. Preferred Provider Organization. Exclusive Provider Organization. Point of Service. HDHP. Health Savings Account. Flexible Spending Account. HRA. Explanation of Benefits. Consolidated Omnibus Budget Reconciliation Act. SHOP. Single coverage. Family coverage. Premium tax credits. Baffled? You should be. Who comprehends this complex system? Not the typical business owner. Nor the typical employee. Choosing the right healthcare insurance for our business – or for our families – seems like demands a PhD in healthcare. Our Medical System Isn't Just Complicated, It Is Expensive According to a recent study, the average family spends $27,000 annually for their health insurance (increasing by 6% from last year). Typical employer health insurance cost is expected to surpass $seventeen thousand for each worker in 2026, a 9.5% jump from 2025. Now the government has ceased functioning due to political disagreements regarding subsidies which analysts predict will lead to a doubling of premiums for millions of Americans. When Might We Truly Examine Universal Healthcare? When will we genuinely evaluate a national health insurance program here in America? I have to believe we're approaching that point since this can't continue. I'm not suggesting national healthcare. I'm advocating for our current Medicare system – an established insurance framework – merely extend to include all citizens. The existing system remains intact. The way our healthcare providers receive payment would change. Believe me, they'll adapt. The Way Universal Coverage Would Work Universal healthcare coverage would require contributions from workers and companies. In comparable systems, an employee making average wages must contribute about five point three percent toward medical coverage. The company pays about 13.75%. Does this seem expensive? Unless you contrast that with what the typical US resident spends. I can name dozens of clients that are routinely paying between eight to fifteen percent of their employee wages to their healthcare costs. Remember that in comprehensive systems, these contributions also cover retirement benefits, illness coverage, maternity leave and job loss protection in addition to funding medical services. When you add those costs compared with our current spending for our retirement plans, job loss coverage and paid time off, the difference decreases. Execution in the US In the US, universal healthcare funding would increase existing Medicare taxes, a system already established. It should be income-adjusted – wealthier individuals would pay more than lower-income earners. There would be both worker and company payments. Similar to many federal defense, technology, social programs and transportation services, the program could be managed to third-party administrators instead of a government office. Benefits for Entrepreneurs Universal healthcare coverage represents a huge benefit for small businesses such as my company. It would put small companies in equal competition with our larger competitors that can pay for better plans. It would render management much easier (automatic payroll withholding processed similarly to retirement and Medicare taxes, instead of separate payments to insurance companies and coverage administrators). It would enable simpler for us to budget annual expenditures, rather than enduring the complicated (and fruitless) process of bargaining with the big insurance providers required annually every year. Due to simplification, there would exist improved comprehension of coverage among workers – as opposed to the current system where they have to interpret the complexities of existing plans. Additionally there would certainly be less liability for employers since we wouldn't have access to workers' health histories for purposes of weighing risks and alternative plans. Capitalist Perspective I'm as pro-market as they get. But I've learned that government play important functions in society, including national security to supporting needed infrastructure. Providing healthcare to all via universal healthcare enhances our economy's infrastructure. It's a better, easier system for entrepreneurs which hire more than half of the country's workers and fund half of our GDP. It makes it possible employees to be healthier, have better attendance and increase productivity. Considering Challenges Are there a million considerations I'm not addressing? Of course there are. But with rising medical expenses we've seen recently, it's clear that current healthcare legislation isn't functioning effectively. I understand that we're not a small, Scandinavian country where major reforms are easier to implement. However extending Medicare for all, despite the additional taxes required, would still be a better and more affordable strategy both for controlling healthcare costs but providing access for all citizens. Time for Realistic Evaluation We as Americans, must tone down national pride. America's medical care isn't so great. The US places well below numerous nations in healthcare quality globally, according to comprehensive research. Perhaps a positive aspect amid present circumstances is that we take serious examination at ourselves and acknowledge that major reforms need to happen.