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FORTUNE.COM // APR.1.
HEALTH CARE
THE 2020 ELECTION is coming. And health
insurers are worried.
A groundswell of support for Medicare for All among
prominent Democratic presidential contenders has spooked
the industry, with some candidates professing the private
health insurance sector may (and even should) eventually be
tossed into the dustbin of history.
Sen. Bernie Sanders—author of a comprehensive
Medicare for All bill—has never shied away from a fight
with large corporations, and universal health care has long
been one of his hobbyhorses. But candidates occupying a
more centrist space in the Democratic Party, such as Sens.
Kamala Harris, Kirsten Gillibrand, and Cory Booker, have
Eradicating
a $600 Billion
Industry
Nearly every Democrat running for
President supports a version of
universal health care. That has the
private insurance industry on edge.
By Sy Mukherjee
PHOTO ILLUSTRATION BY NICOLAS ORTEGA
