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Jobs affected by Single Payer

Winston

Winston

Give me convenience or give me death
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What careers would single-payer do away with or marginalize?

Insurance agent

Would single-payer affect people working as an Actuary?
 
How would single-payer eliminate insurance agents? Unless single-payer covers every single medical expense there will always be a need for medical insurance and agents.
 
Carjosse said:
How would single-payer eliminate insurance agents? Unless single-payer covers every single medical expense there will always be a need for medical insurance and agents.
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In a 2 tier system you can still buy private insurance. But, the billion dollar days would be over for private insurance.
 
Winston said:
What careers would single-payer do away with or marginalize?

Insurance agent

Would single-payer affect people working as an Actuary?
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I suspect there would be a supplemental medical insurance market like there is with Medicare...and therefore wouldn't hurt the insurance companies too much.

I really can't think of any jobs off hand that would be effected by single payer....since the healthcare industry is booming. But I think if ACA is repealed then it would hurt hospitals, small businesses, the middle class, the poor...and a lot of people would get hurt and lose their jobs that way.
 
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As an advocate for single-payer I usually spend most of my time highlighting it's many strong points. But, if we ever get serious about single-payer, it is important to predict what careers it would potentially affect.
 
Moot said:
I suspect there would be a supplemental medical insurance market like there is with Medicare...and therefore wouldn't hurt the insurance companies too much.

I really can't think of any jobs off hand that would be effected by single payer....since the healthcare industry is booming. But I think if ACA is repealed then it would hurt hospitals, small businesses, the middle class, the poor...and a lot of people would get hurt and lose their jobs that way.
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don't confuse single payer with ACA. ACA is killing hospitals.

Single payer doesn't have to, but if it were underfunded or mismanaged it would have a severe effect on hospitals.

Personally I think an expansion of HSAs is the best option. High deductible plans plus HSAs, because the cheapest medical care is what is payed for in cash, a boob job costs 3500 dollars, but an appendectomy costed a coworker of mine almost fifteen grand, lasik is now only a few hundred dollars. Cash procedures seem to be the cheapest
 
Winston said:
As an advocate for single-payer I usually spend most of my time highlighting it's many strong points. But, if we ever get serious about single-payer, it is important to predict what careers it would potentially affect.
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Single payer systems work when properly funded. Like in Norway. But Norway actually taxes their citizens at a level that would start a civil war here in a America and drills oil unapologetically.
 
Winston said:
What careers would single-payer do away with or marginalize?

Insurance agent

Would single-payer affect people working as an Actuary?
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A single payor system would kill all sorts of jobs. But the losses would be stealthy by redirecting people's spending. Remember, you are talking about restructuring a double digit chunk of the economy.
 
EMNofSeattle said:
Single payer systems work when properly funded. Like in Norway. But Norway actually taxes their citizens at a level that would start a civil war here in a America and drills oil unapologetically.
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Norway? They are having problems paying for their social system even as their neighbours are exploring how to go free market. Norway has the advantage of being able to sell energy they extract from under the sea.
 
Moot said:
I suspect there would be a supplemental medical insurance market like there is with Medicare...and therefore wouldn't hurt the insurance companies too much.

I really can't think of any jobs off hand that would be effected by single payer....since the healthcare industry is booming. But I think if ACA is repealed then it would hurt hospitals, small businesses, the middle class, the poor...and a lot of people would get hurt and lose their jobs that way.
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The reallocation of spending a double digit share of the economy isn't going to affect jobs? There can be no question that it will. Never listen to an advocate of single payer health care that argues that there will be no impact on jobs. There will be good and bad impacts all through the economy and society. The question is what those changes will be.
 
It depends on whether "single" payer means no more employer provided, Medicaid, Medicare, VA and other "private" insurance. If single payer turns out to be just a (another?) public option then it would likely add jobs just like the other gov't medical programs did.
 
Winston said:
What careers would single-payer do away with or marginalize?

Insurance agent

Would single-payer affect people working as an Actuary?
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High salaried CEOs of private health insurance companies and drug companies. A good number of administrative jobs would be streamlined.
 
Winston said:
What careers would single-payer do away with or marginalize?

Insurance agent

Would single-payer affect people working as an Actuary?
Click to expand...

How many jobs are affected would be impacted how much immediate "savings" you plan to wring out of the health sector overnight.

We spent $3.2 trillion on health care in 2015. Not coincidentally, by the end of this decade health care will be the single biggest source of employment in this country (Healthcare On Pace to Become Largest Job Sector in U.S.; Healthcare added 43,000 jobs in July, on pace to become biggest US industry).

If you want to outright abruptly lower health spending (which seems to be one of the key arguments for single-payer), you need to send a lot of those people packing. Or at least start giving out a lot of pay cuts in the industry--and not just to a handful of CEOs.


healthcare_sector.jpg
 
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