{"id":11585,"date":"2019-04-11T10:48:37","date_gmt":"2019-04-11T17:48:37","guid":{"rendered":"http:\/\/occupysf.net\/?p=11585"},"modified":"2019-04-11T10:48:39","modified_gmt":"2019-04-11T17:48:39","slug":"how-will-you-pay-for-it-bernie-sanders-tackles-key-question-on-medicare-for-all","status":"publish","type":"post","link":"https:\/\/occupysf.net\/index.php\/2019\/04\/11\/how-will-you-pay-for-it-bernie-sanders-tackles-key-question-on-medicare-for-all\/","title":{"rendered":"&#8216;How Will You Pay for It?&#8217; Bernie Sanders Tackles Key Question on Medicare for All"},"content":{"rendered":"\n<p>April 10, 2019 by <a rel=\"noreferrer noopener\" href=\"https:\/\/www.commondreams.org\/\" target=\"_blank\">Common Dreams<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\">&#8220;Under every single one of these options the average American family will save thousands of dollars a year because it will no longer be writing large checks to private health insurance companies.&#8221;<\/h4>\n\n\n\n<p>by<a rel=\"noreferrer noopener\" href=\"https:\/\/www.commondreams.org\/author\/jake-johnson-staff-writer\" target=\"_blank\">Jake Johnson, staff writer<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.commondreams.org\/sites\/default\/files\/styles\/cd_large\/public\/headlines\/sanders_medicare_for_all.png?itok=XV6ExH0W\" alt=\"\"\/><\/figure>\n\n\n\n<p><em>Sen. Bernie Sanders (I-Vt.) speaks while introducing healthcare legislation titled the &#8220;Medicare for All Act of 2019&#8221; with Sens. Kirsten Gillibrand (D-N.Y.) and Jeff Merkley (D-Ore.) during a news conference on Capitol Hill, on April 9, 2019 in Washington, D.C. (Photo: Mark Wilson\/Getty Images)<\/em><\/p>\n\n\n\n<p>Sen. Bernie Sanders is not ducking the key question constantly posed to Medicare for All supporters by journalists,&nbsp;<a href=\"https:\/\/www.commondreams.org\/news\/2019\/03\/06\/dccc-chair-accused-echoing-right-wing-talking-points-after-calling-medicare-all\">fellow members of Congress<\/a>, and critics: &#8220;How will you pay for it?&#8221;<\/p>\n\n\n\n<p>&#8220;&#8216;How are you going to pay for it?&#8217; That is the question that bookends nearly every media conversation that takes place on Medicare for All. The straightforward answer is, we already are.&#8221;&nbsp;<br>\u2014Sen. Bernie Sanders&#8217; office<\/p>\n\n\n\n<p>In a&nbsp;<a href=\"https:\/\/www.commondreams.org\/sites\/default\/files\/financing_medicare_for_all2.pdf\">white paper<\/a>&nbsp;(pdf) released Wednesday alongside the 2020 contender&#8217;s&nbsp;<a href=\"https:\/\/www.commondreams.org\/news\/2019\/04\/10\/create-system-puts-patients-ahead-profits-sanders-unveils-medicare-all-act-2019\">updated and improved Medicare for All legislation<\/a>, Sanders&#8217; office outlined a number of possible funding mechanisms for the comprehensive bill and detailed the enormous savings the U.S. would reap by transitioning to single-payer.<\/p>\n\n\n\n<p>&#8220;Every major industrialized nation on Earth has made healthcare a right, provided universal coverage to all, and achieved far better health outcomes in terms of life expectancy and infant mortality rates\u2014all while spending far less per capita than we do,&#8221; the paper states. &#8220;Please do not tell us that the United States of America, the wealthiest nation in the history of the world, cannot do the same.&#8221;<\/p>\n\n\n\n<p>The paper lists a number of policy changes that could help raise revenue for Medicare for All, including:<\/p>\n\n\n\n<ul><li>A 70 percent top marginal tax rate on Americans earning over $10 million per year;<\/li><li>A 77 percent top tax rate on estates above $1 billion;<\/li><li>A tax on &#8220;extreme wealth&#8221;;<\/li><li>A &#8220;fee on large financial institutions&#8221;;<\/li><li>A &#8220;7.5 percent income-based premium paid by employers, exempting the first $2 million in payroll to protect small businesses&#8221;; and<\/li><li>A four percent &#8220;income-based premium paid by employees, exempting the first $29,000 in income for a family of four.&#8221;<\/li><\/ul>\n\n\n\n<p>While acknowledging its list is not exhaustive, Sanders&#8217; office said the U.S. has a large &#8220;variety of options available to support a Medicare for All, single-payer healthcare system.&#8221;<\/p>\n\n\n\n<p>&#8220;Under every single one of these options the average American family will save thousands of dollars a year because it will no longer be writing large checks to private health insurance companies,&#8221; the document says.<\/p>\n\n\n\n<p>&#8220;The American people are increasingly clear. They want a healthcare system which guarantees healthcare to all Americans as a right. They want a healthcare system which will lower healthcare costs and save them money.&#8221;&nbsp;<br>\u2014Sen. Bernie Sanders<\/p>\n\n\n\n<p>The white paper also emphasizes the massive savings American families and the U.S. overall would reap by transitioning from the wasteful for-profit system to Medicare for All, which would eliminate premiums, deductibles, and co-pays.<\/p>\n\n\n\n<p>&#8220;&#8216;How are you going to pay for it?&#8217; That is the question that bookends nearly every media conversation that takes place on Medicare for All,&#8221; the paper states. &#8220;The straightforward answer is, we already are.&#8221;<\/p>\n\n\n\n<p>&#8220;Unlike other government outlays\u2014for example, a ship for the Navy\u2014Medicare for All does not represent any new spending at all,&#8221; the document continues. &#8220;Instead, it represents a rebalance of how our current dollars are spent.&#8221;<\/p>\n\n\n\n<p>Under the for-profit status quo, Sanders&#8217; office points out, the U.S. federal government is on track to spend $59.65 trillion on healthcare between 2022 and 2031.<\/p>\n\n\n\n<p>By contrast, according to two studies published last year, Medicare for All would cost the U.S. significantly less while providing comprehensive healthcare to all Americans.<\/p>\n\n\n\n<p>&#8220;According to estimates from the&nbsp;<a href=\"https:\/\/www.commondreams.org\/news\/2018\/07\/30\/koch-funded-hit-piece-backfires-shows-medicare-all-would-save-300-billion-over-ten\">conservative Mercatus Center<\/a>, under the Senate&#8217;s Medicare for All legislation, [national healthcare] expenditures will drop by approximately $2 trillion,&#8221; the paper notes. &#8220;Another&nbsp;<a href=\"https:\/\/www.commondreams.org\/news\/2018\/11\/30\/easy-pay-something-costs-less-new-study-shows-medicare-all-would-save-us-51-trillion\">study released by PERI<\/a>&nbsp;at the University of Massachusetts found that &#8216;Medicare for All could reduce total healthcare spending in the U.S. by nearly 10 percent,&#8217; resulting in more than $5 trillion in savings.&#8221;<\/p>\n\n\n\n<p>Medicare for All would also save the U.S. money by slashing prescription drug costs, Sanders&#8217; office argued.<\/p>\n\n\n\n<p>&#8220;If the U.S. joined the rest of the industrialized world and negotiated with the pharmaceutical companies to lower prices, our country could save up to $113 billion per year,&#8221; the paper states.<\/p>\n\n\n\n<p>The paper closes with a call for &#8220;vigorous debate&#8221; on the ideal path to funding Medicare for All.<\/p>\n\n\n\n<p>As&nbsp;<em>Vox<\/em>&#8216;s Sarah Kliff&nbsp;<a href=\"https:\/\/www.vox.com\/2019\/4\/10\/18304448\/bernie-sanders-medicare-for-all\">noted<\/a>, the items offered by Sanders&#8217; paper &#8220;could no doubt be used to finance a national healthcare system.&#8221;<\/p>\n\n\n\n<p>&#8220;But eventually,&#8221; Kliff added, &#8220;someone is going to have to pick&nbsp;<em>which<\/em>&nbsp;items on this list become law\u2014and that&#8217;s where things get tough.&#8221;<\/p>\n\n\n\n<p>&#8220;Unlike the Republican leadership in Congress which held no hearings on their disastrous bill which would have thrown 32 million people off of health insurance,&#8221; Sanders&#8217; office concludes, &#8220;we will continue to get the best ideas from economists, doctors, nurses, and ordinary Americans to guarantee healthcare as a fundamental right.&#8221;<\/p>\n\n\n\n<p>The white paper was released as Sanders&nbsp;<a href=\"https:\/\/www.commondreams.org\/news\/2019\/04\/10\/create-system-puts-patients-ahead-profits-sanders-unveils-medicare-all-act-2019\">officially introduced his Medicare for All legislation<\/a>&nbsp;with the support of 14 Democratic co-sponsors and more than 60 progressive advocacy groups.<\/p>\n\n\n\n<p>&#8220;The American people are increasingly clear,&#8221; Sanders said in a&nbsp;<a href=\"https:\/\/www.sanders.senate.gov\/newsroom\/press-releases\/sanders-14-senators-introduce-medicare-for-all\">statement<\/a>. &#8220;They want a healthcare system which guarantees healthcare to all Americans as a right. They want a healthcare system which will lower healthcare costs and save them money. They want a healthcare system which will guarantee them freedom of choice as to which doctor or hospital they can go to.&#8221;<\/p>\n\n\n\n<p>&#8220;In other words,&#8221; the Vermont senator added, &#8220;they want Medicare for All, and that&#8217;s what we will deliver to them.&#8221;<\/p>\n\n\n\n<p><em>This work is licensed under a Creative Commons Attribution-Share Alike 3.0 License<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>April 10, 2019 by Common Dreams &#8220;Under every single one of these options the average American family will save thousands of dollars a year because it will no longer be writing large checks to private health insurance companies.&#8221; byJake Johnson, staff writer Sen. Bernie Sanders (I-Vt.) speaks while introducing healthcare&#8230; <a class=\"continue-reading-link\" href=\"https:\/\/occupysf.net\/index.php\/2019\/04\/11\/how-will-you-pay-for-it-bernie-sanders-tackles-key-question-on-medicare-for-all\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts\/11585"}],"collection":[{"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/comments?post=11585"}],"version-history":[{"count":1,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts\/11585\/revisions"}],"predecessor-version":[{"id":11586,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts\/11585\/revisions\/11586"}],"wp:attachment":[{"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/media?parent=11585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/categories?post=11585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/tags?post=11585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}