Warren Details Medicare for All Payment Plan With No New Taxes for Middle Class

Last updated 11/01/2019 at 9:14 a.m. ET.

U.S. Senator Elizabeth Warren said on Friday the Medicare for All system she backs would cost the U.S. government an extra $20.5 trillion over 10 years but would not “require raising taxes one penny” on the middle class.

Instead, she said, it would save American households $11 trillion in current out-of-pocket spending.

“Health care is a human right, and we need a system that reflects our values,” the Democratic presidential candidate wrote in a 20-page essay outlining her plan that will be published on the website Medium. “That system is Medicare for All.”

The Massachusetts senator is one of 18 Democrats vying for the party’s nomination to take on Republican President Donald Trump in the November 2020 election. She is currently near the top of the pack in opinion polls, having closed in on former Vice President Joe Biden, the early frontrunner.

Warren, a former law professor, has become known for a bevy of detailed policy proposals, spawning the slogan, “She’s got a plan for that.”

But she has faced criticism from some Democratic rivals for not outlining precisely how she would pay for a Medicare for All plan she backs in the U.S. Senate that was introduced by fellow White House rival Bernie Sanders of Vermont.

Warren acknowledged that a “key step in winning the public debate over Medicare for All will be explaining what this plan costs – and how to pay for it”, and said health insurance and drug companies would push back to protect their profits.

“Serious candidates for president should speak plainly about these issues and set out their plans for cost control – especially those who are skeptical of Medicare for All.”

Warren said she would finance the plan largely through businesses and the wealthy. Employers would essentially convert the money they currently spend on workers’ health care into Medicare contributions, while billionaires, high-earning investors and corporations would see taxes go up.

More moderate 2020 candidates such as Biden and South Bend, Indiana Mayor Pete Buttigieg have said Medicare for All would be too expensive and favor a more incremental approach.

Sanders has said taxes would be need to be raised to finance his Medicare for All system. The differences between the candidates have led to clashes in recent presidential debates.

Medicare is currently the U.S. government’s health insurance plan for individuals 65 years and older. Medicare for All would extend the program to cover all Americans, including at least 24 million who are currently uninsured, eliminating the need for private health insurance.

Warren said that with her Medicare for All plan in place, projected total healthcare costs in the United States over 10 years would be just under $52 trillion – slightly less than maintaining the current system.

(Reporting by Amanda Becker and Joseph Ax; Editing by Mark Heinrich)

Published in News

Responses

  1. This thread is getting so disorganized.

    Re: I Ching

    As I replied to Phoenix, there is nothing racist about you picking your own nickname.

    After IJR became broken you registered a new ID here. If I recall, it was either “I. Chang” or “I. Chung”. Something close to that. You only used it for a few days, so I am starting to forget what it was.

    Since you also love making up derogatory nicknames for others, I chose to use your own choice for you, only honor you after one of the world’s most famous ancient books. I still have my copy of it.

    If you don’t like this, then you have a choice. Stop using derogatory nicknames on IJR. It is really simple. On the other hand, I would hate to have to stop using I Ching because it’s really cool.

  2. “Will “Medicare for All” include Congress AND all government workers? There’s that “for all” thingie and her less-spoken ambition to eliminate private insurance which SHOULD and MUST include OUR government employees. Why should our taxes pay for “special” coverage we ourselves do not get?” I Ching

    Uh, yeah, that’s how “all” works.

  3. Genitally Confused,

    “Ha ha ha ha! There you go again. You are like a toddler who plays hide’n’seek and thinks he is invisible just because he covered his eyes with his hands.”

    Who are you talking to? You are not only confused, but have too much time on your hands while waiting for Mommy to bring you lunch in the basement. Did she patch your footie pajamas yet or is she still trying to get out the *ahem* stains?

    1. I am sorry, I must have confused you, but Confused James is confusing this thread, too.

      He keeps on posting replies to hide his replies or those of others, such as mine. Right after I called him out for doing that I got another notification AND HE DID IT AGAIN! Like a toddler covering his eyes, he thinks nobody can figure out what he is doing.

  4. Genitally Confused,
    (I know you’ll reply with the unoriginal and racist I Ching. If I were black and named Sam would you call me Sambo? You are an idiot. Also an unadmitted racist like so many on the Left).

    Lyin’ Lizzie projects $52T over ten years, except she’s going for “forever” not ten years. That’s $5.2T a year. That easily exceeds the entire federal budget. So nothing but healthcare will be paid for and at a YUGE deficit.

    Here’s why no one takes you seriously. You have ZERO stake in this fight. Exactly what are you personally committing? Do you dig in your pockets to fund healthcare for people you don’t know and don’t care about? Or are you simply looking out for your own selfish needs?

    Please prove you have more than words at stake.

    1. I am sorry, I must have confused you, but Confused James is confusing this thread, too.

      He keeps on posting replies to hide his replies or those of others, such as mine. Right after I called him out for doing that I got another notification AND HE DID IT AGAIN! Like a toddler covering his eyes, he thinks nobody can figure out what he is doing.

  5. Ha ha ha ha! There you go again. You are like a toddler who plays hide’n’seek and thinks he is invisible just because he covered his eyes with his hands.

  6. >Always Confused<

    I found NOTHING "confusing" in Screwtape"s comment. He is absolutely, 100% correct. (Paraphrasing) WHY should the American citizen be taxed straight into poverty by an asinine D'rat/Socialist unworkable pipe dream and the Party elitists ride the gravy train on the taxpayer's back AND receive a salary they don't work for? EVERY estimate of cost for the M4A fiasco is in the multiple TRILLIONS of US dollars; first estimated at $36 TRILLION, then Fauxahontas comes up with $20.5 TRILLION; now up (as of yesterday) to $52 TRILLION. HOW do you support a $52 TRILLION – or even a $1 TRILLION – debt on the $4 TRILLION the IRS takes in annually? I would estimate by the end of November 2019. the cost will be nearing the $100 TRILLION region over 10 years or (if my math is correct) $10 TRILLION per year! AND as with all Government programs, the cost will only go higher each and every year thereafter. Look at the dumpster fire called "Obamacare" and how the premiums went steadily up; never down. Are your Socialist/Communist elites going to take their cut of whatever money is allocated for M4A FIRST for their bank accounts; implement their "death panels" and pick and then choose WHO receives medical care and who is told to go home and die? This is one pile of crap which cannot be pitched and would never be passed by a Republican Congress or signed into Law by a Republican POTUS. Put in simple terms even you should be able to understand, this is a plea to the low-IQ Party base as a means to suck up more money for Socialist programs; precisely in tune with the "climate change" hoax and the Green Nutty Deal. "Give us MORE and MORE MONEY – it's OUR's; not your's".

      1. I’ve read enough via numerous sources to readily understand the wasting of money and senior citizen lives. The numbers don’t lie; only liars lie. Warren is a Socialist and a liar! That explains all anyone needs to know.

  7. >Always Confused<

    I am still waiting for you to find an adult to locate what I supposedly commented on. You claim I was hiding (my comment) behind your's. WHY would I – or any member here – EVER "hide a comment" (in response to your continuous parroting of asinine, childish blather) from YOU? Publish what I supposedly posted or move on. "Pay attention this time, sonny boy".

    #Socialists-R-Idiots.

  8. Will “Medicare for All” include Congress AND all government workers? There’s that “for all” thingie and her less-spoken ambition to eliminate private insurance which SHOULD and MUST include OUR government employees. Why should our taxes pay for “special” coverage we ourselves do not get?

  9. Lizzie has a history and practice of lying to suit her needs. Why should anyone believe this one? Go on Medicare NOW Lizzie. Prove how wonderful it is and take your staff with you.

    1. Do much cherry picking through comments to find some word or words to support your Socialist cause of pandering for converts to failure, do you? Typical.

    1. HOORAY for our side! Next should be quid pro quo Joe who is reported (on other sites) to have symptoms of senile dementia.

  10. “I have no idea what you’re talking about. Do you? Have you taken your Aricept today?” Confused James

    Yes, I know EXACTLY what I am talking about. I made one response to Ed. Then I get a notification linking to this topic but no specific comment. That means there are two or more replies somewhere. The ONLY comment that currently has two replies is Ed’s. The first was mine. That means the second one has to be yours.

    Want to spin ANOTHER lie?

    1. I still have NO idea what you’re talking about. WHY would a second reply to anybody’s comment HAVE to be mine? Aren’t there one or two other people posting comments here on IJR? Where is Ed’s comment and what did he comment about? What was the subject matter? Do you know? I sure don’t have a clue.

  11. The rate of growth in health care prices are quickly outpacing the growth in wages, so, at these rates of growth, most of us will run out of resources to live. In effect, it means only rich people will be able to pay for themselves to live.

    “For inpatient care, hospital prices grew 42% from 2007 to 2014 while physician prices rose 18%, according to researchers who studied the Health Care Cost Institute’s claims data for people with employer-sponsored insurance from Aetna, Humana and UnitedHealthcare Group. Similarly, for hospital-based outpatient care, hospital prices increased 25% while physician prices grew 6%, the new Health Affairs study found.”

    Are YOU getting 6% raises year after year? Lucky you!

    So, let me ask a very simple question: if only the rich can afford to stay live, how long will the wealthy STAY wealthy in an economic system with no consumers? THAT doesn’t compute.

    Now, King Donald The Loser promised a much better, cheaper health care system for all BEFORE he got elected. Where is it? It isn’t as if we all got more healthy in the meanwhile. This broken promise could literally kill you.

    On the other hand, Alzheimer’s cases are expected to double by 2050, so by then chances are pretty good that you won’t care any more by then than you do today.

  12. Life is a also a human right. She promotes the slaughter of babies by the millions. These lefties deserve human rights (and a few human lefts, too.)

  13. The last paragraph sums it up pretty well. Healthcare costs will do nothing but rise, as they have historically, with or without Medicare for all. It will cost us all about the same, Medicare or not. The fundamental question is whether or not you think you (and your children) can afford the rising costs in the next couple of decades, which consistently grow more than inflation.

    This being the US, I’m a bit ashamed that we haven’t figured out how to provide affordable healthcare for everyone by now, whether single-payer or privately insured . Frankly, it’s embarrassing that we’ve gotten to this point. We should be the model for the rest of the world.

    1. “I’m a bit ashamed that we haven’t figured out how to provide affordable healthcare for everyone by now” Ed

      I am confused, Ed.

      How many examples from the rest of the world do we need before we can finally figure it out?

      1. Yeah, let’s try some of that failed Socialist medical treatment. Should then explain why so many Canadians are coming to the US for medical care and paying for it out of pocket.

  14. “No new taxes”. Where have I heard that before – one-term GHW Bush – 1989 – 1993? Pure pandering for votes with “only” a $20 TRILLION price tag with everything being F R E E!! Does not compute.

    1. Correction: Fauxahontas” M4A would cost not $20 TRILLION per year; but $52 TRILLION per year according to a radio news report just heard. With the IRS taking in some $4 TRILLION per year, the Government, all agencies (and all entitlement programs) – including the military – would have to be shut down and still would NOT be sufficient to cover the cost. Add to that Medicare will be broke by 2026 and M4A just expedites its’ demise. Another Leftist pipe dream up in smoke.

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