Mark Cuban, the billionaire entrepreneur, expressed his concerns astir the implementation of the Medicare for All Act advocated by Sen. Bernie Sanders (I-VT).
Cuban’s station connected X, precocious Sunday, highlighted respective issues with the execution of the Act, portion agreeing with its goals.
He argued that the program gives excessive powerfulness to the HHS Secretary, allows apical providers to opt retired and debar Medicare rates, and unrealistically requires yearly cause terms renegotiations. Cuban besides warned that eliminating astir backstage security could let providers to nett much done financing systems and recognition checks.
He questioned a confusing clause astir hospitals contracting lone successful emergencies:
“You accidental hospitals that opt retired tin lone motion a declaration if from Sec. 303(b)(1)(B) — "be entered into astatine a clip erstwhile the idiosyncratic is facing an exigency wellness attraction situation;” quoted Cuban from Bernie’s plan.
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According to the billionaire, “This makes nary sense.”
Cuban besides noted that, dissimilar different nations with cosmopolitan healthcare, Sanders' program lacks cost-control mechanisms similar gatekeeper doctors oregon diligent premiums — which, helium said, could marque the programme financially unsustainable.
Your M4A plans has issues bernie. Goals is good. Particulars, not truthful much.
1. Everything is astatine the discretion of the sec of HHS. Including the cause formulary. And what is simply a aesculapian necessity. How would that beryllium moving close present ? (p31)
2. Any supplier tin take not to… https://t.co/n0fLOnk3fk
Cuban’s station was a effect to Bernie Sanders’ sarcastic instrumentality connected President Donald Trump's November 8, Truth Social statement, successful which Trump slammed "big, bad" security companies for profiting from Obamacare subsidies.
Sanders quipped that if Republicans genuinely wanted to curb backstage insurer power, they should enactment Medicare for All.
Oh, Trump and the Republicans can't basal however the big, atrocious security companies are ripping-off Americans. Really?
Are you serious?
Then I invited your enactment for Medicare for All.
Let's extremity the greed of the security manufacture & marque healthcare a quality right, not a privilege.
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In different post, Cuban proposes an alternate program arsenic a solution, which helium acknowledges is “not perfect.”

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