Becker's Healthcare April 10, 2019
Democratic presidential hopeful Sen. Bernie Sanders, I-Vt., unveiled his new “Medicare for All” Act April 10 to “guarantee healthcare to every American as a right, not a privilege.”
Five things to know:
1. Fourteen Democratic senators signed on to his Medicare for All Act, which vows to replace all other insurers — including commercial payers, employer-sponsored payers and Medicaid — with a single government-sponsored plan.
2. The legislation would wipe out all out-of-pocket expenses for Americans, including insurance premiums, deductibles and copayments. Coverage would also include dental, hearing, vision, and home- and community-based long-term care services.
3. In addition, the act aims to lower drug prices by allowing the federal government to negotiate directly with pharmaceutical companies.
4....
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