Bernie Sanders, who is the presidential candidate for the Democrats has recently released details about his universal healthcare plan that is named “Medicare for all” and he also explained how he plans on paying for it.
Bernie Sanders and the universal healthcare plan:
The plan was probably deliberately released only hours before Sanders was to appear in a presidential debate in South Carolina against the former secretary of state, Hilary Clinton. Former Maryland Governor Martin O’Malley was also part of the debate.
Clinton had taken some serious aims at Sanders in the past few weeks, giving him some serious stick about his healthcare plan and how he might end up failing to pay for the plan. She also stressed that Sanders is not prudent enough to know when to act formidably in this regard.
Sanders made a very strong point. HE said that by expanding this government-run healthcare program that helps the elderly a lot would in turn save around 6 trillion dollars over the span of the next decade (compared to the currently in place system established by Obama in 2010). All the individuals would have to pay a 2.2 percent premium and the employers would have to part with around 6.2 percent of their payroll tax to fund the plan. All the individuals that make from 250 thousand to 500 thousand annually would pay a tax of around 37 percent and the ones making more than 10 million will pay around 52 percent tax,
While these are still just numbers, Bernie Sanders has always been somebody who knows what he is taking about and this looks no different. This universal healthcare plan could indeed go a long way in not only saving the government a lot of money but also in making healthcare readily available especially to the most needy.
