Presentation is loading. Please wait.

Presentation is loading. Please wait.

S.1804 – Medicare for All Act of 2017

Similar presentations


Presentation on theme: "S.1804 – Medicare for All Act of 2017"— Presentation transcript:

1 S.1804 – Medicare for All Act of 2017
Overall Design Immediate Improvements Four-year Implementation Inpt, outpt, ER, Rx, etc Full reproductive care Drug price negotiations No copays or deductibles (except Rx) Prohibits sale of duplicative insurance Add dental, vision, and hearing Limit on out-of-pocket for A and B; no deductibles Eliminate 2-year wait for disability “Medicare Transition Plan” on exchanges (90% value) Medicare buy-in available at gradually reducing ages (55, 45, 35, all) Parts C and D options remain until full implementation

2 Many Good Options for Funding S.1804
7.5% income-based premium by employers 4% income-based premium by households Savings from Health Tax Expenditures Many other options Employee making $50,000 per year, family of four Employer paid $12,865 in premiums in 2016 7.5% tax = $3,750 Employer saves $9,115 per employee Revenue raised: $3.9 trillion over ten years Businesses save $9,000 per employee Revenue raised: $3.5 trillion over ten years Typical middle class family saves $4,400 Revenue raised: $4.2 trillion over ten years Tax subsidies become obsolete and disappear Make personal income tax more progressive Wealth tax on top 0.1% Several other fair tax plans


Download ppt "S.1804 – Medicare for All Act of 2017"

Similar presentations


Ads by Google