Rep. Pramila Jayapal publicly admitted this week that her ‘Medicare for All’ proposal would result in the elimination of more than one million jobs across America; saying the government would have to help those workers “transition” to other industries.
Jayapal was speaking at a town hall event at American University when she was asked how workers in the private insurance industry would survive under the new plan.
“There are a lot of people who work in the private insurance industry,” Jayapal said. “We have thought carefully about how we’d take care of those folks because we think those people are very important.”
“There’s about a million people that we think would be displaced if ‘Medicare for All’ happens. We have set aside one percent a year of the total cost of the bill for five years to take care of a transition for employees in the private insurance sector,” she added.
BERNIECARE: Sanders Unveils ‘Medicare for All’ Plan, Will Eliminate Private Insurance, Cost $30T
Vermont Senator Bernie Sanders unveiled his latest ‘Medicare for All’ proposal Wednesday; announcing his plan to transform Medicare into a full-fledged universal healthcare program during a four-year transition that would eliminate private insurance companies.
“Sanders’ plan is the most ambitious by far of Democrats’ slate of bills aimed at expanding health coverage, proposing a total restructuring of the the national health care system that would effectively eliminate employer sponsored insurance and other government programs like Medicaid,” reports Politico.
Sanders’ plan would also bar employers and businesses from providing healthcare options that compete with the government-run insurance scheme.
While the proposal doesn’t specify the associated costs, experts say the program would likely cost $30 trillion over the next decade.
Read the full report at Politico.
CORTEZ: US Healthcare is ‘Terrible,’ Medicare for All Will SAVE $5.1 TRILLION
Incoming Congresswoman Alexandria Ocasio-Cortez weighed-in on the current state of the US healthcare system over the weekend; saying the country “lags behind the modern world” and a ‘Medicare for All’ program would ultimately save over $5 trillion.
“Reminder to my fellow millennials to get your act together & buy insurance before tonight’s deadline. Is open enrollment a pain? Yes. Is it expensive? Yes. But it’s WAY better than being uninsured (been there) & reason enough to fight for #MedicareForAll,” she tweeted.
“It’s important to be honest about the fact that US healthcare is terrible and lags far behind the modern world. The good news: #MedicareForAll can save the US $5.1 trillion over a decade while drastically cutting working-class Americans’ health spending,” she added.
It’s important to be honest about the fact that US healthcare is terrible and lags far behind the modern world.
— Alexandria Ocasio-Cortez (@AOC) December 15, 2018
Cortez found herself in hot-water from major media publications just days ago, when she claimed Pentagon spending-errors could largely pay for her universal healthcare proposals.