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Democratic presidential candidate Bernie Sanders released to eliminate a plan Saturday $81 billion, in the past, due to medical debt, a step over its primary rival, the program for a government-run health insurance.
“In America today, it is unacceptable that one out of six Americans in the past due to medical bills on your credit report, in the amount of $81 billion,” Sen. Sanders, Vt, I -., said in a statement, adding: “It is immoral and unparalleled, that families are distributed throughout the country, after they disconnected their heat, or is already inadequate wages be garnished because of crippling medical debt, while the health-care industry for more than $100 billion in profit last year.”
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Under his plan, Sanders said, the Federal government will step for the individual to negotiate and pay past-due medical bills in collections reported to credit agencies.
Sanders swore, too, creating you to replace a public credit register, the three for-profit credit reporting agencies to, as he put it: “remove the profit motive from the evaluation of the creditworthiness of American consumers.” He said that the registry is public, transparent algorithm would use “to determine the credit rating, there is no racial prejudice in credit scores.”
The self-proclaimed democratic socialist, adding that he would exclude medical debt from credit reports and the end-credit check for rental housing, employment, insurance and other non-lending.
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Sanders made no mention of it in the proposal, as costs are planned to cover the $81 billion. According to Reuters, the Sanders campaign said she would pay for the debt elimination proposal by a tax on businesses based on their wage for chief executives. The details of the proposal have not been released.
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Sanders was one of the earliest supporters of “Medicare for All” would replace job-based and individual health insurance for a government-run plan. Other top Democratic rivals have expressed interest in a toned-down version of Medicare-for-All. Sen. Elizabeth Warren, D-Mass. approved Sanders’ plan, but said it may be to achieve different ways of coverage for all. The former Vice-President Joe Biden has called to expand the Affordable Care Act by adding a public option.
Sanders also has free of charge released a plan to eliminate $1.6 trillion in student loan debt at the same time, public school study.