Warren's 'Medicare for All' would cost some of our employees their jobs, health exec says
's "Medicare for All" proposal could force some of his employees out of their jobs.
Some employees on the coverage side of the business would need to "find jobs elsewhere" if "there were no option for selling commercial insurance," Tyson said on CNBC's "Kaiser has 218,853 employees, representing technical, administrative and clerical workers, according to Kaiser's website. The company has 22,914 physicians.
Tyson added that there is a possibility that many new jobs will be created under the new health-care system. Those on the health-care delivery side of Kaiser's business, for example, would likely fit into Warren's Medicare for All model, Tyson added. "There are a lot of details to be worked through that" Warren hasn't explained yet, he said.
Warren's plan calls for the elimination of private health insurance organizations, such as Tyson's business, and replacing it with a universal Medicare plan for all Americans. Proponents say the plan would help reduce administrative inefficiencies and costs in the U.S. health-care system.
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