Chris Hayes speaks with Abdul El-Sayed, the former Health Director of Detroit, about the benefits of single payer healthcare.
ABDUL EL-SAYED: So part of the problem with health care in the United States is that everybody's incentivized to make a buck out of it, whether you're a provider, doctors, hospitals, or you're a payer. That's the insurance industry. And right now, the way it works is that we have a ton of unnecessary care, because that's how doctors, providers make money. And we have a lot of money just spent on the provider side because we have duplicated overhead across all of these insurance companies, and because they all make 15 cents on the dollar for every dollar spent in health care. Both of those things are deep inefficiencies, and that has to have a structural fix.
What “Medicare for All" does is it basically squeezes out the payer side of profits. It says, look all of these insurers that we have, which by the way, nobody likes. I mean, nobody is like, "I love my insurer."