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IPFS News Link • Healthcare

Vermont Throws in the Towel on Inane Single-Payer "Medicare for All" Proposal...

• Mike Shedlock

Proponents 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."
 


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