The Medicare for all trade-offs socialists aren't talking about, according to experts

Michigan Democratic Senate candidate Abdul El-Sayed is one of several socialist candidates making Medicare-for-all a centerpiece of their midterm campaigns, defending the policy even as El-Sayed acknowledged Sunday that it would require Americans to pay more in taxes in exchange for coverage untethered from employment.The stakes extend beyond who pays the insurance bill.A nationwide single-payer system would substantially change how healthcare is financed, what providers are paid and the role of private insurance, while potentially affecting employment and access to care under a framework radically different from the existing "Medicare" model its name invokes, according to experts.Cato Institute health policy studies director Michael Cannon and Heritage Foundation health policy expert Ed Haislmaier, who has worked with lawmakers on ObamaCare alternatives, argue those trade-offs are often obscured by the "Medicare-for-all" label."As the late P.J.

O’Rourke liked to say, ‘if your healthcare is expensive now, wait until you see what it costs when its free,'" Cannon said.ABDUL EL-SAYED’S MEDICARE-FOR-ALL CRUSADE COLLIDES WITH AN AWKWARD CONTRADICTION INVOLVING HIS WIFEIn his NBC interview, El-Sayed defended Medicare for all by saying that the average person's second-largest W-2 deduction "is [paid] to your health insurance company.""So imagine, instead of paying that to your health insurance company, whose CEO makes $20 million a year, instead, you paid a little bit more in taxes for healthcare that you wouldn’t lose if you lost your job or turned 26 or got married or got divorced."One of the central questions is how much providers would be paid.Medicare currently pays hospitals and physicians substantially less than private insurers for many services, while a single-payer system would dramatically expand the number of patients whose care is financed at government-set rates.Cannon warned that policymakers could face a choice between raising substantially more f...