U.S. Senator Kamala Harris on Monday released a "Medicare for All" proposal ahead of a second debate for Democratic presidential candidates, when their differing approaches to healthcare insurance policy are expected to feature prominently.
The second Democratic debate is set to take place over two days this week although Sanders and Harris will debate on separate days. Cory Booker, entrepreneur Andrew Yang and Julián Castro, former housing secretary in the Obama administration. Kirsten Gilibrand, and Massachusetts Sen.
Few rushed to align themselves with the Harris proposal. At times she has wavered as to whether such a plan would preserve a role for private health insurers.
"Ms. Harris's proposal seeks to straddle both camps", the Times reported, "using the "Medicare for All" mantra as a long-term target while also seeking to keep a significant role for private insurers-which Mr. Sanders's plan would eliminate". "For folks who are more on the moderate to conservative side, she's still going to be open to that line of attack that this is a government-run system, and it's going to be taking coverage away from people who are, for the most part, happy with employer-based coverage". She said those ideas would provide a total of over $2 trillion over 10 years.
To add to that revenue, Harris proposes taxes on financial transactions like stock and bond trades.
In Harris's new plan, which she still calls "Medicare for All", Harris specifically criticized Sanders for proposing to pay for his plan - which she supported - through taxes on middle-class families. "The result? A Bernie Sanders-lite Medicare for All and a refusal to be straight with the American middle class, who would have a large tax increase forced on them with this plan".
"By extending the phase-in period to ten years, we will decrease the overall cost of the program compared to the Sanders proposal, and we can save additional money by accelerating delivery system reforms and value-based care that rewards meaningful outcomes", Harris said. It also means that her plan wouldn't take full effect until well after Harris leaves office, meaning she can blame her successor for any problems that occur during the implementation phase. Harris is staking out a position on the hot political issue between Biden, who wants to set up a voluntary public insurance option, and Vermont independent Sen.
"The alternatives put forth to single-payer Medicare for All-whether it's "Medicare for America" or Medicare buy-ins, and now Senator Harris's alternative-rely on for-profit HMOs known as Medicare Advantage", said Lighty.
Warren told CNN Monday that while she hadn't "seen the details" of Harris' plan, she emphasized her support for Medicare for All. One is she's decided she would like to privatize Medicare.
In April, she again signed onto Mr. Sanders' plan in the new Congress, saying at a CNN town hall that month in response to a question about private insurance, "let's eliminate all of that" and "move on". But then, she later said she would favor some form of "supplemental" private insurance. She has previously appeared to suggest that she supported abolishing private insurance, later clarifying that she doesn't. "The next Democratic president needs a clear, transformative, and achievable vision of how we finally change this broken system for good".
Biden unveiled a criminal justice proposal, and Pete Buttigieg, an IN mayor IN the second tier of candidates, recently presented a plan for what he calls "investment IN the empowerment of black America".
One study last year from the Mercatus Center at George Mason University estimated that Sanders' legislation could cost the federal government more than $32 trillion dollars over 10 years.
"I believe this hits the middle class too hard", she wrote. Senior advisers said Biden would rescind President Donald Trump's tax cuts for the wealthy, raise the maximum tax bracket to 39% and get rid of the capital gains tax loophole for wealthy families with incomes greater than $1 million a year in order to cover the hefty price tag.