Last night I was willing to give her the benefit of the doubt that she was just making a snarky joke.
https://twitter.com/jenfl23/status/1341603378783248384
But let’s suppose she was correct and but let’s suppose she was correct, and the President really did have the power to institute M4All immediately via XO. In one fell swoop, millions of legal contracts between carriers & providers, carriers & employers become null & void.
Doctors and hospitals, many of which are already on the verge of closing, suddenly see their revenue plummet by ~40% or so. Abortion suddenly has to be paid for 100% out of pocket by every woman in America who wants one.
Suddenly the ~77 million Americans enrolled in Medicaid, which has no premiums or deductibles for most enrollees and minimal copays, find themselves having to pay all three. What, you thought the current scope of Medicare didn’t include those? It does.
A couple million jobs are permanently lost as every health insurance carrier in the country goes bankrupt overnight, assuming the XO doesn’t keep Medicare Advantage. Not just the fat cat CEOs, mind you...every low-level shlub in the billing dept, every agent & broker.
Of course there are ways of dealing with all of these issues, and the actual M4All legislation tackles them and many others, or at least attempts to do so. Which is exactly why it would have to be done via legislation if done at all, not via XO.
Of course I also have no clue whether she’s talking about CURRENT Medicare (dual-eligibles would keep MedicId as well; it would just be an OPTION and thus wouldn’t wipe out existing private coverage) or if she means BernieCare, which would also make the Hyde Amendment irrelevant.
Just how far does @JENFL23’s magical XO go, is what I’m asking? Does it give Trump the right to fund all of this as well? Does it let him expand the scope of Medicare to include every service and drug under the run? Does it let him increase reimbursement rates?
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