IPFS News Link • Healthcare
Vermont Throws in the Towel on Inane Single-Payer "Medicare for All" Proposal...
• Mike ShedlockProponents of the single-payer healthcare idea who tout the idea such a system will save money need only look at Vermont to see reality.
Vermont Governor Peter Shumlin, a single-payer advocate, threw the single-payer idea on the ash heap of history admitting what any sensible person knew from the onset:
The plan would cost far more than estimated
The plan would quickly become insolvent
Massive tax increases would be required
Coverage would decline for many
MainWire explains in Lessons for Maine in Vermont's Failure.
Last Wednesday, Vermont Governor Peter Shumlin announced that he was abandoning his plan for a single-payer health care system for the state, finally admitting in an unexpected news conference that it is "not the right time."




