The proposed plan would not only eventually cover most working-age people who don't qualify for Medicaid, but also provide a cap on out-of-pocked spending for seniors. (Photo: Shutterstock)
Medicare may not be popular with Republicans, but Democrats are proposing yet another riff on the health care program as the party heads closer to common ground on single-payer.
The Hill reports that this latest iteration, called the Choose Medicare Act, was introduced by Sens. Chris Murphy, D-CT, and Jeff Merkley, D-OR. While it doesn't go as far as the bill proposed by Sen. Bernie Sanders, I-VT, it instead keeps private insurance going—although it would allow people covered by Affordable Care Act plans and plans provided by their employers to instead choose the new Medicare-based insurance plan if they want.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
