Presidential hopeful Sen. Elizabeth Warren (D-Mass.) said that people who lose their jobs in health insurance because of her Medicare-for-All plan can work in other insurance fields.
Warren was asked what would happen to people who lost their jobs in the health insurance industry as a result of the elimination of private insurance, she responded by saying that they could transition to another insurance field adding that her plan makes sure “no one gets left behind”:
“No one gets left behind. Some of the people currently working in health insurance will work in other parts of insurance. In life insurance, in auto insurance, in car insurance.”
Watch her answer below:
Q: Where do those who work in health insurance go when private insurance is eliminated?— The Hill (@thehill) November 2, 2019
Sen. Warren: "No one gets left behind. Some of the people currently working in health insurance will work in other parts of insurance. In life insurance, in auto insurance, in car insurance." pic.twitter.com/KGJ4Eg9VKR
Warren said that her plan includes a five-year transition phase to help health insurance workers who lose their job, “Because what this is about is how we strengthen America’s middle class, and how we make sure that in transitions no one gets left behind. It’s right there in the plan, and it’s fully paid for.”
On Friday, Warren released her Medicare-for-All plan with details of how she would pay it. Warren said her plan would cost $20.5 trillion over a decade but added that taxes for middle-class Americans would not go up “one penny.”
Her comments come just days after she said she agreed with an assessment by a University of Massachusetts economist that said Medicare-for-All plans could lead to the loss of two million jobs, and that politicians who implement such a program must ensure displaced workers have a “just transition.”
One healthcare professional estimated that a Medicare-for-All plan could lead to the loss of three million jobs, as IJR has previously reported.
Warren’s long-awaited plan was quickly criticized by both Republicans and Democrats, who called it “bonkers” and said she was using “mathematical gymnastics” to pay for it without increasing taxes on middle-class Americans.