Tags: Medicare | X | Kaine | Bennet

Senate Dems Offer Bill to Match Biden Aim for 'Public Option' Health Plan

Senate Dems Offer Bill to Match Biden Aim for 'Public Option' Health Plan
Sen. Tim Kaine of Virginia (Getty Images)

Thursday, 18 February 2021 03:16 PM

Two moderate Democrats are offering a bill aimed at President Joe Biden’s goal to create a government-backed “public option” health plan and expand Obamacare subsidies.

Sens. Tim Kaine of Virginia and Michael Bennet of Colorado introduced “Medicare-X Choice on Wednesday.

“We think the bill we’re introducing is the closest match to what came from the Biden campaign,” Kaine told reporters, the Washington Post reported.

The bill, first introduced in October 2017, now includes an expansion of marketplace tax subsidies to ensure people don’t pay more than 8.5% of their income on monthly premiums. It would also eliminate a subsidy cap for people earning 400% of the federal poverty level or more.

The bill proposes a a public option plan be sold on the marketplaces alongside private coverage. Kaine, Bennet and Biden are among moderate Democrats who want to fill in coverage gaps with incremental reforms rather than a sweeping Medicare-for-all overhaul.

“In our view, this bill helps finish the work of Obamacare. It gives the American people a choice,” Bennet said, the Post reported.

The bill faces a likely fight in the Senate, the Post reported.

Kaine and Bennet want Medicare-X to hitch a ride on a reconciliation bill, the Post reported. But Congress can only pass one of these bills a year and is using last year’s vehicle to accomplish coronavirus relief, the Post reported.

Two more budget reconciliation bills will be available during the current Congress — and Kaine and Bennet say they’ve revamped Medicare-X with an eye toward them.

But it’s not clear all the elements of Medicare-X could go into a budget reconciliation bill, which can only include provisions directly related to federal spending, the Post reported.

© 2021 Newsmax. All rights reserved.


US
Two moderate Democrats are offering a bill aimed at President Joe Biden's goal to create a government-backed "public option" health plan and expand Obamacare subsidies....
Medicare, X, Kaine, Bennet
283
2021-16-18
Thursday, 18 February 2021 03:16 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved