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I didn't even have to change jobs to have my insurance ripped away. Been at a place for 8 years with company health insurance that covers dependents. Suddenly, they decided to stop that - effectively kicking my family off their insurance and gave me 72 hours to figure out new coverage.

Real countries that embrace private (nonprofit) health insurance cover the employer-side premiums when a worker is unemployed, require insurers to cover everything (approved by the national board), & control costs w/ all-payer bargaining. The US is behind the state of the art even here.

Krug has been taking MMT more seriously As evidenced by having Nathan Tankus on his podcast where Krug humbly admitted he doesn’t understand how our monetary system works

Employer insurance evolved from amazing (think Detroit UAW negotiated benefits in the 60s-90s) to absolute garbage (high deductible plans). A lot of retired people got those awesome union benefits and don’t realize how bad things have gotten.

All-payer also reduces complexity bcs it creates a single fee schedule that all insurers & providers in a region must follow.

Agree completely. Historically, the pitch has been to achieve savings through efficiencies, prevention, improved coordination, etc. That won’t get us there. Managing price reductions is going to get ugly. Too many believe they have a right to get filthy rich in this sector. (I live in MA.)

Yes I read it - it does not really address what I'm saying. I guess a better way of thinking about it is that the aggregate total number of employed people in a given year is lower than the aggregate total number of jobs in a given year. Not sure if FRED has that data.

This has always been the problem with covering all with a gov insurance plan and that the Medicare for All crew just ignore.