Forbes March 8, 2020
New investments in privatized Medicare and Joe Biden’s return as the front-runner for the Democratic party’s nomination for the Presidency is bad news for the single payer version of “Medicare for All.”
The day after former vice president Biden won 10 of 14 Democratic primaries on Super Tuesday, the value of stocks of health insurance companies soared 7% to 10% or more on what some saw as the less likely chance Sen. Bernie Sanders of Vermont would become the Democratic party’s nominee for President to challenge Donald Trump should Republicans re-nominate him. Sanders favors expansion of Medicare to all Americans via a government-run healthcare system that would uproot the private health insurance industry.
Biden favors an expansion of government-subsidized health...
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