Democratic Primaries
In reply to the discussion: Biden aide: 'Alarming' that Sanders won't release details of paying for 'Medicare for All' [View all]Thekaspervote
(32,762 posts)Also, those enrolled in an Obamacare plan would have to pay no more than 8.5% of their income -- instead of the current 9.86% -- in premiums. A family of four earning $110,000 annually would save about $750 a month in premiums, the campaign said.
And he would base those subsidies on the cost of "gold plans," which have higher premiums but lower deductibles, rather than less generous "silver plans." That means people could spend less money out of pocket -- or could use the larger subsidies to buy less expensive silver or bronze plans. This move would help address a major criticism of Obamacare -- that its deductibles are too high. The average deductible for an enrollee under Obamacare in a "gold plan" is just under $1,600 in 2019, while for a "silver plan," it's just over $4,000, according to the Kaiser Family Foundation.
More at the link
https://www.cnn.com/2019/07/15/politics/joe-biden-health-care-plan-obamacare-public-option/index.html
Bidens plan is more plausible. It would extend coverage to as many as 26 million people but only require $122 billion in new government spending. Thats a lot of money, but still just 4% of the cost of Medicare for All. Undocumented immigrants wouldnt get free coverage, but theyd be able to pay the going rate to join a public option, essentially covering their own costs.
More at the link
https://finance.yahoo.com/news/joe-biden-health-plan-medicare-for-all-040109177.html
CBO came out 2-3 weeks ago with a study showing mfa would cost 32 trillion over 10 years
primary today, I would vote for: Joe Biden