GOP Senator Slams Sanders' 'Medicare For All' Plan

Vermont Senator and former Presidential candidate Bernie Sanders speaks at the Our Revolution Massachusetts Rally at the Orpheum Theatre

Sen. Booker co-sponsoring Bernie Sanders' 'Medicare for all' bill - NJTV

Sen. Bernie Sanders, I-Vermont, unveiled his Medicare-for-All legislation at the U.S. Capitol Wednesday afternoon. In a New York Times op-ed Wednesday morning, Sanders cited an Economist/YouGov poll that shows 60 percent of Americans want to "expand Medicare to provide health insurance to every American" - including three quarters of all Democrats and almost half of all Republicans. That remains the biggest unresolved issue both in this discussion, and historically, in any debate over implementing a universal health care system in the U.S. California - which, of the four states now considering single-payer, has come the closest to passing it - hasn't yet figured out how it would finance its system.

"There are too many people around the country paying too much for healthcare, and have limited opportunities to go to the doctor that they choose", the Wyoming Republican told Fox News' "America's Newsroom" program. The country spends upwards of $3.2 trillion on healthcare annually, averaging $9,237 per person, far more than other countries with similar life expectancy. In fact, Cassidy said, the system is already becoming insolvent even without Sanders' proposed expansion.

Ahead of the bill's release, Sanders explained some of his solutions for a "rational health care system" to Vox's Jeff Stein. But patients would also likely seek more treatments and services under single-payer, and, as Vox notes, the prices now paid by Medicaid under Sanders' plan would go up.

"That is economically unsustainable for our country", he said. We'll need to know how much this plan will cost and how it'd be financed, and for now, the Vermonter and his allies have made a decision to deal with these questions another day. And as private insurance premiums continue to rise at double-digit rates each year, so do the costs of the ACA premium-assistance tax credits and subsidies for income-eligible consumers in the exchanges. This will result in backdoor rationing of health services as prices dip below what many providers will accept. "Spending is not a sufficient statistic".

Despite legislative roadblocks, it does seem like the public is coming around to the idea of a single-payer system - but they're less inclined to be supportive of specific elements.

Really, it serves as an announcement: The Democratic party considers single-payer at least worth talking about.

"If you want a single-payer system, this is your worst nightmare". Under some versions, money just miraculously appears but is only paid out by a single source.

"Because I think that's more likely to happen".

"Everyone gets health coverage, no one goes broke", Warren said.

"This is an especially gratifying moment for the tens of thousands of nurses across the U.S. who have dedicated years of effort to transform our health care system from an profiteering industry based on greed and suffering to patient need and healing", National Nurses United Executive Director RoseAnn DeMoro said in a statement. "They realized they would have to double the taxes collected on the people of that state to pay for it because it was so financially expensive". Conservatives are wary because the bill falls short in erasing Obama's wide-ranging coverage requirements.

While Sanders' bill extensively details coverage, it does not lay out exactly how it would be financed. Sanders acknowledged that in an interview with the Vermont Press Bureau last month. "This is complicated stuff", he said. There's nobody who has all of the answers.

"Well, I don't know what the particulars are", Clinton said.

The bill would expand upon a health insurance program for elderly Americans to cover everyone living in the U.S. The system, which would be unrolled over the course of four years, would mean that individuals and businesses would no longer pay premiums to insurers. Now is a time, as Sanders said last week, "to look forward and not backward".

The Congressional Budget Office has yet to score the Sanders bill to provide a sense of how much it might cost.

Did you hear another health care plan came out today? .

Sanders certainly offers a wide array of financing options, and you can read through all them right here. "Medicare for All stands for the proposition that all Americans, from the day of birth, will have access to healthcare". It would expand the Medicare health insurance program to cover more of the 28 million individuals who now lack health insurance, even under the Affordable Care Act. You're no longer having to provide insurance to your employees.

5 dead after Florida nursing home loses power due to Irma
JPMorgan CEO says Bitcoin is "fraud"