Warren Releases Plan to Fund Medicare for All

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By Kayla LaRosa

After much scrutiny from other candidates in the last presidential debate, Sen. Elizabeth Warren has released a plan to pay for her medicare for all proposal.

The Warren campaign, in conjunction with several healthcare experts and economists, estimate that her medicare for all plan would cost around 20.5 trillion to implement.

Her proposal shows a stark difference from Sen. Bernie Sanders, who authored a medicare for all bill that would definitively propose higher taxes on the middle class. Warren explained in a Medium post that a tax increase would not be necessary.

“We don’t need to raise taxes on the middle class by one penny to finance Medicare for All,” she wrote.

Warren’s plan does share some overlap with Sanders’ proposal, including comprehensive benefits under the new system. While Sanders has outlined a four year transition plan to medicare for all, Warren’s team has noted that their transition plan does not have a timeline quite as strict.

“My transition plan will take seriously and address substantively the concerns of unions, individuals with private insurance, hospitals, people who work for private health insurers, and medical professionals who worry about what a new system will mean for them,” Warren wrote.

In the Medium post, Warren also challenged her fellow candidates and critics on the topic of universal healthcare policies.

“Every candidate  who opposes my long-term goal of Medicare for All (to) put forward their own plan to cover everyone, without costing the country anything more in health care spending, and while putting $11 trillion back in the pockets of the American people by eliminating premiums and virtually eliminating out-of-pocket costs.”