nearvideo, Warren revealed $52 trillion Medicare for All plan
Jason Nichols, and William A. Jacobson to respond.
Sen. Elizabeth Warren, D-Mass., said on Friday in Iowa, private health insurance, workers who lose their jobs under your government run health care plan could work, for life, or car insurance companies.
The 2020 presidential candidate, was asked where the work would go into the health insurance if the private insurance is eliminated under its expansive “Medicare for all” plan, the earlier published Friday.
WARREN ‘ S $52T ‘MEDICARE FOR ALL” PLAN IS REVEALED: CAMPAIGN, NOT A MIDDLE-CLASS TAX STILL CLAIMS THE INCREASES ARE NECESSARY
“So, if you had the chance to read the plan, you’ll see that nobody is left behind,” she said.
“Some of the people currently working in health insurance will work in other parts of the insurance — life insurance, in car insurance in car insurance, some for Medicaid,” she said.
Five years of “transition support” for the displaced workers in the plan, Warren said.
BUTTIGIEG SLAMS WARREN ON MEDICARE-FOR-ALL
“Because what is, is, as we said, the strengthen America’s middle class, and how do we ensure that the transitions will be nobody left,” she said. “It’s right there in the plan, and it is completely paid for.”
Warren’s plan, first reported by Fox News, is cost, according to the campaign to “close to $52 Billion” in the next ten years of the campaign, a variety of tax fails to pay the increases, while still not claiming that the middle class would face an additional burden.
“We need to increase taxes to Finance the on the middle class by a penny of Medicare for All,” Warren said in the plan.
The plan was immediately hammered by both Republicans and their Democratic rivals in the 2020 primary school. The former Vice-President, Joe Biden, campaign, said the “unrealistic plan” leaves only two options: “to further increase taxes on the middle class, or break their commitment to these promised benefits.”
“The mathematical gymnastics in this plan are all aligned, hiding a simple truth from the voters: It is impossible increases to pay for Medicare for All without a middle class tax,” Biden, Deputy campaign Manager Kate Bedingfield said in a statement.
Some Republicans were more blunt in the criticism.
“Hahaha. The make-believe that mathematics is insane,” Sen. Ben Sasse, R-Neb., said in a statement.
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But in addition to concerns about the costs, the proposed conversion to a government-run system concerns about the impact on the health care industry.
According to The Wall Street Journal, independent estimates predict that 2 million people would lose their jobs, as the private health insurance industry collapses and providers need to manage and fewer people to the payroll.
Fox News’ Brooke Singman and Judson Berger contributed to this report.