Health Care, Albany-style

The Story

Before the end of its legislative session, the New York State Assembly again passed a bill that would establish a single-payer health-care system across the state–essentially, medical insurance for all. With a prominent progressive candidate for governor supporting the measure, New York continues to flirt with becoming the first state to impose such a system. But while universal health care sounds good to many New Yorkers, its costs and other downsides are too significant to ignore. 

The Facts You Need to Know

  1. Medicare for All: Advocates cite Medicare as a model for single-payer health insurance, but 86% of Medicare recipients also buy some form of supplemental insurance. Read more.

  2. Taxes: The bill’s sponsor estimates that his plan would save money for almost all New Yorkers, but he radically underestimates the amount of new tax revenue that the state would need in order to cover the cost of insuring 20 million people. Read more.

  3. Costs: Even left-of-center analysts estimate that a single-payer plan would increase costs. Read more.

“The reality is that no conceivable health-care system will give New Yorkers something for nothing, and Albany lawmakers should stop pretending otherwise.”

Bill Hammond, Empire Center for Public Policy

Twitter Take

The Past is Present

The Ugly Truth About Canadian Health Care By David Gratzer (Summer 2007)

“Socialized medicine has meant rationed care and lack of innovation. Small wonder Canadians are looking to the market.”

And in other news...

“As for the union concessions, all new DC 37 members for their first year must join the HIP Health Plan of New York, the cheapest healthcare plan the city currently offers.”