Sanders probably wants to add dental benefits to Medicare to take away a selling point of Medicare Advantage plans.
One of them will have to climb down, or else President Biden’s entire agenda will collapse.
Lawmakers use Medicare’s trust fund to kick the can down the road on entitlement reform.
The budget resolution, enabled by Republicans, would mean the largest expansion of government in the health care arena since Obamacare.
Democrats are now pushing to expand the financially-troubled Medicare program. Unfortunately, the annual Trustees report on its finances is more than three months overdue.
Even if we were to abolish the Pentagon and zero out defense spending, it wouldn’t even cover one-sixth of the cost of sustaining a Medicare for All system.
To save money, a ‘public option’ would need to set payment rates by fiat and force health-care providers to take them.
Extracting significant savings by reducing drug prices would limit innovation, the CBO concluded.