Medicare Blog

how does bernie sanders expect to fund his free education, medicare, ss, etc.?

by Jefferey McClure Published 2 years ago Updated 1 year ago

What is Bernie Sanders’ health care plan?

The Sanders plan envisions a future in which all Americans have health coverage and pay nothing out of pocket when they visit the doctor.

What is Bernie Sanders'plan to make college tuition free?

Tuesday, May 19, 2015, Sanders introduced legislation to help make public 4-year colleges and universities tuition free, called the " College for All Act ." You can view a newsroom article here, summary of the bill here, and the full bill here.

How would Bernie Bernie’s Social Security Plan work?

Bernie’s Social Security plan would lift this cap and apply the payroll tax on all income over $250,000 in order to accomplish four things. First, we will make sure that Social Security will pay every benefit owed to every eligible American for the next 52 years.

Is Bernie Sanders'free-college proposal unrealistic?

As with many other elements of his platform, critics of Sanders' free-college proposal have charged that it is unrealistic and that he hasn't fully explained how to pay for it. Funding free college can be tricky because, as with other government benefits, the very act of promising to pay can drive up costs in a couple of different ways.

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What is Bernie Sanders' plan for Medicare?

Since 2016, Bernie has proposed a menu of financing options that would more than pay for the Medicare for All legislation he has introduced according to the Yale study. These options include: Creating a 4 percent income-based premium paid by employees, exempting the first $29,000 in income for a family of four.

How much medical debt did Bernie Sanders eliminate?

Bernie has introduced a proposal to eliminate all of the $81 billion in past due medical debt held by 79 million Americans. It is fully paid for by establishing an income inequality tax on large corporations that pay CEOs at least 50 times more than average workers. . Click here to read the tax plan.

How much does a family of 4 pay for Medicare?

In 2018, the typical working family paid an average of $6,015 in premiums to private health insurance companies. Under this option, a typical family of four earning $60,000, would pay a 4 percent income-based premium to fund Medicare for All on income above $29,000 – just $1,240 a year – saving that family $4,775 a year.

How much money will Medicare save in 2020?

According to a February 15, 2020 study by epidemiologists at Yale University, the Medicare for All bill that Bernie wrote would save over $450 billion in health care costs and prevent 68,000 unnecessary deaths – each and every year.

How much will Bernie Sanders's proposal cost?

Bernie’s proposal to guarantee universal childcare and pre-school to every family in America who needs it will cost $1.5 trillion. It is fully paid for by a wealth tax on the top 0.1 percent – those who have a net worth of at least $32 million. (Bernie’s wealth tax will raise a total of $4.35 trillion.)

How much did Bernie Sanders increase Social Security?

Bernie’s bill to expand Social Security will increase benefits for low-income senior citizens and people with disabilities by more than $1,300 a year. It is fully paid for by making the wealthiest 1.8 percent of Americans – those with incomes over $250,000 a year – pay the same rate into Social Security as working families.

How long will Social Security pay out in 2070?

This bill will also extend the solvency of Social Security into the year 2070 – ensuring that Social Security can pay every benefit owed to every eligible American for the next 50 years. Click here to read the plan.

What is Bernie Sanders' plan?

Bernie Sanders (I-VT) reintroduced his plan Wednesday morning to transition the United States to a single-payer health care system, one where a single government-run plan provides insurance coverage to all Americans. The Sanders plan envisions a future in which all Americans have health coverage and pay nothing out ...

What would the Sanders plan do to the American health system?

There are certainly policies in the Sanders plan that would reduce American health care spending. For one, moving all Americans on to one health plan would reduce the administrative waste in our health care system in the long run.

What is the Sanders bill?

The Sanders bill includes an exceptionally generous benefit package. Sanders’s single-payer proposal would create a universal Medicare program that covers all American residents in one government-run health plan. It would bar employers from offering separate plans that compete with this new, government-run option.

What is the 4 percent income based premium?

Creating a 4 percent income-based premium paid by employees, exempting the first $29,000 in income for a family of four. Imposing a 7.5 percent income-based premium paid by employers, exempting the first $2 million in payroll. Eliminating health tax expenditures.

What happened to Bernie Sanders's home state?

This is what happened when Sanders’s home state of Vermont attempted to create a single-payer plan in 2014. Much like Sanders, local legislators outlined a clear vision of the type of health plan they’d want to extend to all Vermonters.

Why do private insurance companies go this way?

The reason they went this way is clear: It’s cheaper to run a health plan with fewer benefits.

Who is the cosponsor of Bernie Sanders' bill?

Sanders will introduce his bill today with 14 cosponsors including presidential candidates Elizabeth Warren (D-MA), Cory Booker (D-NJ), Kamala Harris (D-CA), and Kirsten Gillibrand (D-NY).

What does Bernie Sanders do for retirement?

As President, Bernie will protect and expand pension benefits of employees in both the public and the private sector.

What does Bernie Sanders believe about the need for home health care?

Bernie believes that as a nation, we have a moral responsibility to ensure that all Americans have the supports and services they need to live at home and to age with dignity and respect. Currently, over 700,000 Americans are forced to wait for Medicaid home and community-based services, while many others are not even able to get on the waiting list due to draconian asset and income restrictions.

How much does Medicare cut drug prices?

Requiring Medicare to negotiate lower drug prices while maintaining access to all FDA-approved medications. Cut drug prices by 50% by making sure the U.S. pays no more for prescription drugs than other major countries.

What is the poverty rate for seniors?

Before Social Security was signed into law, nearly half of seniors lived in poverty. Today, while much too high, the poverty rate for seniors is down to 9.2 percent.

How many home health and personal care aides will be needed by 2026?

We need 7.8 million home health and personal care aides by 2026 to meet our needs. In order to meet the growing demand, we need to make direct care a quality job that pays a living wage. We will enact a domestic workers bill of rights to ensure our care workers are afforded a living wage and a safe working environment. When we are in the White House, we will pass inclusive labor protection laws for domestic workers, who have historically been intentionally excluded to allow the exploitation of disproportionately minority and immigrant workers. This means providing domestic workers with strong protections for collective bargaining, workers’ rights, workplace safety, and fair scheduling, regardless of immigration status, and that they have the information and tools they need to act on these rights and protections. And we will guarantee free direct care training programs through public colleges, trade schools, and apprenticeship programs to help train the workforce we need.

How much is Social Security surplus?

Social Security has a $2.9 trillion surplus and can pay every benefit owed to every eligible American for the next 16 years. Although Social Security’s finances are strong, Congress must strengthen and expand it for generations to come.

Why do billionaires pay the same amount of Social Security?

Today, a billionaire pays the same amount of money into Social Security as someone who makes $132,900 a year because the Social Security payroll tax is capped.

What does Bernie Sanders promote?

Sanders promotes the idea of free college education for all. Since he first announced his presidential campaign, Bernie Sanders has stuck to one simple promise. One that has many young people, in particular, #feelingthebern: free college.

What did Bernie Sanders say at the University of South Carolina?

Sanders promotes the idea of free college education for all . Democratic presidential candidate Bernie Sanders speaks during a town hall at the University of South Carolina. Sanders promotes the idea of free college education for all.

Which countries don't have free colleges?

And two more free-college countries, Brazil and Slovenia, are below the average too. So "the most educated workforces in the world" today don't have free college. And countries that do have free public universities don't necessarily have more educated workforces than we do.

Is free tuition required for the most educated workforce?

So whatever the differences in education systems, policy, culture and demographics among these three countries and the United States, it's clear, at least on the face of it, that free tuition is not required to produce "the most educated workforce in the world."

Who is Andreas Schleicher?

Andreas Schleicher, a top education analyst at the OECD, had some final thoughts for NPR Ed. "It is not possible to establish meaningful relationships between the cost of higher education and attainment, as there are too many intervening variables," he said. (Translation: This armchair exercise is a bit futile.)

Is a postsecondary degree a necessity?

Earning some sort of postsecondary degree or certificate is more and more considered a necessity if you want to earn a middle-class living. Meanwhile, on a percentage basis, by some measures, college tuition has increased in cost more than any other good or service in the U.S. economy since 1978.

Wednesday, July 29, 2015

Bernie supporters know that all this "free" stuff isn't really free. Someone has to pay somehow. But is it true that all this "free" stuff means higher taxes? If you came here with questions, here are your answers.

How Does Bernie Sanders Plan to Pay for all this "Free" Stuff?

Bernie supporters know that all this "free" stuff isn't really free. Someone has to pay somehow. But is it true that all this "free" stuff means higher taxes? If you came here with questions, here are your answers.

Why did Bernie Sanders vote against the Affordable Care Act?

Still, Bernie voted against the 2017 effort to repeal the Affordable Care Act because it would have thrown millions of people off their private insurance plans.

What does Bernie Sanders say about healthcare?

“We say to the private health insurance companies: whether you like it or not, the United States will join every other major country on earth and guarantee healthcare to all people as a right.”. – Bernie Sanders, 2019. Bernie believes that healthcare is a human right and should be guaranteed to every American without ...

What is Bernie Sanders proposing?

That is not what Bernie is proposing. Bernie is proposing a healthcare system like what is found in Canada, Europe, and other developed nations. In the Medicare For All system, every American would be automatically enrolled into the healthcare plan — Medicare For All.

What countries will Bernie Sanders cut prescription drug prices?

The Prescription Drug Price Relief Act will dramatically reduce prices by pegging prices to the median drug price in five major countries: Canada, the United Kingdom, France, Germany, and Japan. As part of his 2020 platform, Bernie has pledged to cut prescription drug costs in half during his presidency.

What does Bernie Sanders believe about mental health?

Bernie believes that everyone has a right to adequate mental healthcare. In fact, one of the ACA provisions he fought for authorized $11 billion over a 5 year period to improve and expand community health centers, which provide affordable primary care and mental health counseling to the underserved. Hold on.

What is Medicare for seniors?

Medicare is a national health insurance program administered by the federal government . It provides health insurance for Americans aged 65 and older who have worked and paid into the system. It also provides health insurance to younger people with some disabilities like end-stage renal disease and amyotrophic lateral sclerosis.

What did Bernie Sanders say about the economic climate?

On June 2015, Bernie introduced legislation that would, “increase estate tax rates on the top three-tenths of one percent of Americans who inherit more than $3.5 million, while eliminating loopholes that have allowed the wealthiest Americans to avoid billions in taxes.”

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