Wendell Potter

And they work for small companies and those companies are just no longer able to stay in the insurance game. They can't offer benefits like they did 10 years or so ago. And that's been very prevalent. Once again, it's all about the money. These companies were always looking to see how much they're having to pay out in claims.

And they know that investors do not like that because the more they pay out in claims, the less is available to reward their shareholders.

And they know that investors do not like that because the more they pay out in claims, the less is available to reward their shareholders.

And they know that investors do not like that because the more they pay out in claims, the less is available to reward their shareholders.

Germany, to this day, has one of the best health care systems in the world. And it's not a pure single payer government run system either. But they do have a mechanism for making sure that everybody has coverage. That's critical. What you were describing, and I know it's right, you can go to any ER anywhere in the country and you'll find a similar situation.

Germany, to this day, has one of the best health care systems in the world. And it's not a pure single payer government run system either. But they do have a mechanism for making sure that everybody has coverage. That's critical. What you were describing, and I know it's right, you can go to any ER anywhere in the country and you'll find a similar situation.

Germany, to this day, has one of the best health care systems in the world. And it's not a pure single payer government run system either. But they do have a mechanism for making sure that everybody has coverage. That's critical. What you were describing, and I know it's right, you can go to any ER anywhere in the country and you'll find a similar situation.

You'll find people who are there, you know that they're not going to have money to pay out of pocket. In fact, 40% of Americans have fewer than 400 bucks in the bank. That's right. I forgot about that. And how can you expect them to pay up to $10,000 out of their own pocket? In many cases, people have that kind of exposure before their coverage kicks in. Most of us in this country have coverage.

You'll find people who are there, you know that they're not going to have money to pay out of pocket. In fact, 40% of Americans have fewer than 400 bucks in the bank. That's right. I forgot about that. And how can you expect them to pay up to $10,000 out of their own pocket? In many cases, people have that kind of exposure before their coverage kicks in. Most of us in this country have coverage.

You'll find people who are there, you know that they're not going to have money to pay out of pocket. In fact, 40% of Americans have fewer than 400 bucks in the bank. That's right. I forgot about that. And how can you expect them to pay up to $10,000 out of their own pocket? In many cases, people have that kind of exposure before their coverage kicks in. Most of us in this country have coverage.

We're not at universal by any means. About 92% of us have coverage. That's fairly close. But with a country this big, that means we have about 30 million people who still don't have insurance, for one thing. But they get sick. They go to the hospital and we are having to pay more in premiums and taxes because of that.

We're not at universal by any means. About 92% of us have coverage. That's fairly close. But with a country this big, that means we have about 30 million people who still don't have insurance, for one thing. But they get sick. They go to the hospital and we are having to pay more in premiums and taxes because of that.

We're not at universal by any means. About 92% of us have coverage. That's fairly close. But with a country this big, that means we have about 30 million people who still don't have insurance, for one thing. But they get sick. They go to the hospital and we are having to pay more in premiums and taxes because of that.

But then you have this other situation of people who have insurance, but they have these high out of pocket deductibles they have to meet before their coverage kicks in. They don't have that money either, even though they and or their employers are paying premiums when they get sick. If it's a big bill that they have to pay out of pocket, they can't do it.

But then you have this other situation of people who have insurance, but they have these high out of pocket deductibles they have to meet before their coverage kicks in. They don't have that money either, even though they and or their employers are paying premiums when they get sick. If it's a big bill that they have to pay out of pocket, they can't do it.

But then you have this other situation of people who have insurance, but they have these high out of pocket deductibles they have to meet before their coverage kicks in. They don't have that money either, even though they and or their employers are paying premiums when they get sick. If it's a big bill that they have to pay out of pocket, they can't do it.

So the rest of us are having to pay for it. It makes no sense whatsoever. Our employer-based system began accidentally. It was during the World War II era when employers were trying to figure out how they could attract scarce talent. They began offering health care benefits and it just took hold. And that is where the majority of us still, if we have private insurance, get it.

So the rest of us are having to pay for it. It makes no sense whatsoever. Our employer-based system began accidentally. It was during the World War II era when employers were trying to figure out how they could attract scarce talent. They began offering health care benefits and it just took hold. And that is where the majority of us still, if we have private insurance, get it.

So the rest of us are having to pay for it. It makes no sense whatsoever. Our employer-based system began accidentally. It was during the World War II era when employers were trying to figure out how they could attract scarce talent. They began offering health care benefits and it just took hold. And that is where the majority of us still, if we have private insurance, get it.

But that's eroding as well, too. That's not growing either because small employers can't participate in this anymore. And even large employers are saying this is not sustainable. It's bound to collapse at some point. It's just a matter of when, in my view.