UnitedHealth CEO: Medicare for All would ‘destabilize’ nation’s health system

David Wichmann, the company’s CEO, warned that Medicare for All would “destabilize” nation’s health system and limit the ability of clinicians to practice medicine “at their best.” He feels Medicare for All would have a “severe” impact on the economy and jobs, “all without fundamentally increasing access to acre.” He said the best path forward is to achieve universal coverage, which he said could be substantially reached through existing public and private platforms. Comments taken from UnitedHealth’s Q1 earnings conference call earlier. Shares of UnitedHealth are down 3.3% to $222.86.

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