During the Democratic debate in June, Harris had come down on the side of eliminating private insurance, but then backtracked, saying that she misunderstood the question. (Photo: Anthony Lanzilote/Bloomberg)
As more Democrats articulate their view of just what a Medicare for All scenario might look like, Senator Kamala Harris, D-CA, has unveiled her version—which keeps private insurance in the picture.
Although she's a cosponsor of the Medicare for All plan proposed by Senator Bernie Sanders, I-VT, which would be phased in over four years and eliminate private insurers in the process, According to Medium, Harris's version takes 10 years to come into full effect and retains private insurers who would offer Medicare plans “that adhere to strict Medicare requirements on costs and benefits.”
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
