CNBC April 16, 2019
Berkeley Lovelace Jr.

KEY POINTS
  • UnitedHealth Group CEO David Wichmann warns that “Medicare for All” would “destabilize the nation’s health system.”
  • Vermont Sen. Bernie Sanders unveiled a new bill that would create a government-run system to provide health insurance for all Americans.
  • Freshman Rep. Alexandria Ocasio-Cortez is pushing a similar plan.
UnitedHealth Group CEO David Wichmann warned investors on Tuesday that “Medicare for All” proposals pushed by Democratic lawmakers and presidential candidates would “destabilize the nation’s health system.”

A number of Democratic proposals call for eliminating private health insurance and replacing it with a universal Medicare plan, claiming it would help...

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