All the major candidates have offered up their plans for health care….most want either a Medicare For All type of thing or they want to “reform” the ACA to make it better…..
I keep trying to stay ahead of all the BS swirling around the one idea that has the health industry running scared….https://lobotero.com/2019/10/28/can-we-afford-medicare-for-all/
One of the last major candidate to offer up her plan for a Medicare For All and how to pay for it is Warren…..and now we have her plan and let the criticism begin…..
Elizabeth Warren promised Friday to spend more than $20 trillion over the next decade to provide government-funded health care to every American without raising middle-class taxes—finally offering ideas about how to implement the massive “Medicare for All” program without taking a larger bite out of most Americans’ salaries. Her plan, posted online, is built on transferring to the government 98% of the $8.8 trillion she estimates that employers would spend on private insurance for their employees, per the AP. Remaining costs would be covered by “taxes on big corporations, Wall Street, and the top 1%—and enforcing the tax laws we have now,” she explains. “My Medicare for All plan gives everyone good insurance and cuts their health care costs to nearly zero—without increasing middle-class taxes one penny,” Warren says.
Companies with fewer than 50 employees would be exempted, and Warren said employers already offering health benefits reached under collective bargaining agreements will be allowed to reduce how much they send to federal coffers—provided they pass those savings on to employees. If the program fails to raise $8.8 trillion, Warren says she’d impose a supplemental contribution requirement for big companies “with extremely high executive compensation and stock buyback rates.” A critical question is how she’d slash the cost of her plan well below what experts have said it would take to implement it. Coming up with lower payment rates for hospitals and doctors that avoid disrupting the system would be a big challenge for a Warren administration and for Congress, where her plan could bog down.
Of course the critics are telling all sorts of consequences for her plan….but here is an industry whistleblower to explain it better…..
Now that we’ve seen Senator Elizabeth Warren’s plan to pay for Medicare for All without raising taxes on the middle class, let me tell you what is happening in Washington.
Forbes Tate, the Washington-based PR firm hired by big insurance, drug and hospital companies to create and run a front group called the Partnership for America’s Health Care Future, will already have convened an urgent conference call with its clients to go over Warren’s plan and begin implementing a strategy to attack it. A big part of that strategy will be to reach out to reliable industry allies to do the dirty work.
One of those allies is likely to be the Committee for a Responsible Federal Budget (CRFB), a supposedly nonpartisan organization that issued a widely publicized report on October 28 insisting that, as Axios reported in its analysis of the report, “the middle class would be forced to shoulder some of the burden” of financing Medicare for All.
A health insurance whistleblower reveals how the industry will lie and attack Elizabeth Warren’s Medicare for All plan
Personally, It is time for a true health plan for ever person in this nation regardless of station in the society…..the industry has raped the people longer enough…..time for them to step up and be part of this country.
I Read, I Wrote, You Know
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