Elizabeth Warren's Medicare for All plan that relies on trillions of dollars in new taxes on the rich and corporations, big pay-ins from employers and aggressive cost-cutting.
Ending her months-long silence on how to pay for moving the entire nation into a government-run healthcare system, Elizabeth Warren on Friday laid out a detailed plan that relies on trillions of dollars in new taxes on the rich and corporations, big pay-ins from employers and aggressive cost cutting.
Warren argues in her plan that America could do away with private insurance — entirely eliminating premiums, deductibles and co-payments — and move everyone into a single-payer system without sacrificing care and without hiking taxes on the middle class. Covering more people with more benefits for the same amount of money would require holding down the amounts paid to doctors and hospitals, limiting doctors to the amount currently paid by Medicare and hospitals to slightly above current Medicare rates.
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