Bernie Sanders unveils Medicare for All bill amid 2020 Democratic primary

Renelsa Caudill, a nurse at MedStar Washington Hospital Center, will be greeted by Sen. Bernie Sanders, I-Vt., after speaking at an event to introduce the 'Medicare for All Act of 2019,' in Dirksen Building on Wednesday, April 10, 2019. Sens. Kirsten Gillibrand, D-N.Y., as well as Jeff Merkley, D-Ore., are also pictured.

Tom Williams | CQ-Roll Call Group | Getty Images

Renelsa Caudill, a nurse at MedStar Washington Hospital Center, will be greeted by Sen. Bernie Sanders, I-Vt., after speaking at an event to introduce the ‘Medicare for All Act of 2019,’ in Dirksen Building on Wednesday, April 10, 2019. Sens. Kirsten Gillibrand, D-N.Y., as well as Jeff Merkley, D-Ore., are also pictured.

Sen. Bernie Sanders unveiled a universal health-care plan on Wednesday as he tries to set the tone on a pivotal issue inside 2020 Democratic presidential primary.

The Vermont independent introduced a brand new “Medicare for All” bill in which might create a government-run system to provide health insurance for all Americans. While Sanders has proposed legislation to create one particular-payer system before, the measure unveiled Wednesday might go further in covering long-term care for people with disabilities, bringing in which in line having a bill introduced inside House earlier in which year.

Sanders, who helped to vault Medicare for All into the political mainstream, hopes embracing sweeping change will help separate him by a crowded primary field. While four of Sanders’ Democratic rivals — Sens. Cory Booker of brand new Jersey, Kirsten Gillibrand of brand new York, Kamala Harris of California as well as Elizabeth Warren of Massachusetts — co-sponsored his legislation, none have as fully embraced the dismantling of the private insurance system as Sanders has.

“The current debate over Medicare for All definitely has nothing to do with health care,” the senator said at a news conference unveiling the legislation. “in which has everything to do with greed as well as profiteering. in which will be about whether we continue a dysfunctional system.”

Sanders’ bill, which has 14 Senate co-sponsors, might:

  • Cover primary as well as preventive care, prescription drugs, dental as well as vision care, mental health as well as substance abuse treatment, as well as maternity, newborn as well as long-term care through a government-run plan
  • Let Americans see any doctor they want to with no deductibles or copays
  • Effectively end the private health insurance market

On Wednesday, Sanders’ office outlined potential methods to finance the system. Those include income-based premiums paid by employees as well as employers, hiking the marginal tax rate to up to 70 percent on people creating $10 million or more, raising the estate tax as well as putting a “fee on large financial institutions.”

Sanders has argued one particular-payer system might reduce costs for consumers. While the government might have to hike taxes to cover a potential cost tag inside tens of trillions of dollars, the senator says Americans might see fewer out-of-pocket costs.

His office pointed in part to studies in which in which says show U.S. overall health spending might drop under a Medicare for All plan — though government health-care outlays might spike dramatically.