Health Insurance May Rise 40% Next Year

For those of you still clinging to the old insurance industry’s for-profit model of healthcare and asking “how can we afford pay for Medicare for All,” the New York Times just reported that a new analysis is warning that U.S. health insurance premiums will increase as much as 40% next year if the coronavirus pandemic results in millions of Americans needing hospital stays. Perhaps what you should instead be asking “how are we gonna afford to pay for that?