Kamala Harris’s Medicare For All Proposal Would Eliminate 1.4 Million American Jobs – NTK Network Kamala Harris’s Medicare For All Proposal Would Eliminate 1.4 Million American Jobs

Kamala Harris’s Medicare For All Proposal Would Eliminate 1.4 Million American Jobs

In 2017, America's private health insurance industry directly employed 512,113 Americans, and another 908,313 American were indirectly employed.

By NTK Staff | 01.29.2019 @12:00pm
Kamala Harris’s Medicare For All Proposal Would Eliminate 1.4 Million American Jobs

Sen. Kamala Harris’s (D-CA) proposal to eliminate private health insurance in America would cost roughly 1.4 million Americans their jobs, according to a report by America’s Health Insurance Plans (AHIP) and would eliminate health insurance coverage for 56 percent of Americans, who would be forced into a government-run plan.

During a CNN town hall in Iowa, the presidential hopeful said that if she were elected president, she would eliminate private health insurance in America, even if people like their coverage.

According to AHIP, which is a political advocacy and trade association for health insurance companies, Harris’s proposal would cost more than 1.4 million Americans their jobs. That’s according to AHIP’s 2017 report, which tracks those who were employed directly and indirectly by America’s private health insurance industry.

In 2017, America’s private health insurance industry directly employed 512,113 Americans, and another 908,313 American were indirectly employed by the American private health insurance industry.

That’s over 1,420,000 Americans who could possibly lose their jobs because of Harris Medicare for all proposal. It’s not yet clear how many jobs Harris’s plan would create in a government-run system like Medicare For All.

The average income for those Americans directly employed by America’s private health insurance industry in 2017 was just over $71,000 per year, while those indirectly employed by the private health insurance industry made just over $60,000 per year.

The AHIP report also found that 56 percent of Americans use private health insurance for coverage. Under Harris’s plan, those Americans would lose the plan they currently hold and would begin using a government-run health care plan.

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