Senator Sanders Releases 2019 Medicare-for-All Bill 

Senator Bernie Sanders (I-VT) has released the 2019 version of his Medicare-for-All bill “to guarantee health care to every American as a right, not a privilege.” The Sanders’ legislation would fundamentally transform “the country’s dysfunctional health care system by eliminating profit-driven health insurance corporations and instead covering every resident through an improved Medicare plan at far lower cost to working families and the nation as a whole.” The probability of Medicare-for-All passing this Congress and being signed into law by this President is very low given that the Senate is controlled by Republicans and the President does not support it. The costs of the new program are unknown, and the mechanisms to pay for it are still largely unexplained. More details are in today’s Financial Feature.

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