Medicare for All, Really?!: Why A Single Payer Healthcare Plan Would Be Disastrous for America

COVID-19 has placed pressure on the healthcare system, and there are calls for solutions through Medicare For All. How shortsighted, to suggest long-term changes due to a short-term problem. That's like suggesting Social Security should have been revamped because of the Great Recession of 2008. Expanding programs due to calamities is what brought Social Security about in the first place (due to the Great Depression), instead of allowing the market to react with better solutions (solutions that exist today such as mutual funds, indexed accounts, and sophisticated investment analysis and advice). The same can be said for Medicare For All and COVID-19, where the market swiftly reacted to the need for changes in the healthcare system, be it vaccines or therapeutic treatment. The "planners" in the government continued to plan, leading to inaction that got in the way of innovative market solutions. The solution is for the government to get out of the way.