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Insurance executive that understands - Health insurance is a scam

Posted: Jan 17th, 2020 - 5:36 am

Insurance companies employ people like me - like I used to be - to wage propaganda campaigns," Potter, who now advocates for Medicare for All, told Hill.TV on Thursday. "They employ large sales and marketing teams and employ legions of underwriters and doctors and nurses who are there primarily to say 'no' to us and our doctors when we need treatment."

"Those kinds of functions are not needed - no other country has a mechanism [as] we have," he added.

Nearly 386,000 people were employed by health insurance companies in 2018 alone, according to the U.S. Bureau of Labor Statistics. But some economists estimate that as many as 2 million jobs could be eliminated if the country shifts to a government-run system that would eliminate private insurance.

While Potter acknowledged this estimated job loss, he maintained that these health care workers could be retrained, adding that a Medicare for all program could also help "unleash a new era of entrepreneurship."

"Small businesses in this country are really disadvantaged because of our current system," Potter told Hill.TV. "More and more of them cannot offer benefits, so they are having a hard time finding workers and retraining them.

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