Posted by Michael Wonder on 04 Mar 2020
Joe Biden's health care plan would spend $750 billion more on Obamacare and cap drug price inflation
4 March 2020 - Joe Biden’s sweeping success on Super Tuesday doesn’t just establish him as the 2020 Democratic frontrunner.
It also elevates the contrast between Biden’s health reform plan and Bernie Sanders’ “Medicare for All.” Here’s what you need to know.
Biden describes his health reform plan as “building on the Affordable Care Act.” And if taxpayer spending is a guide, Biden’s plan would do just that: at a ten-year cost his campaign estimates as $750 billion. Biden’s plan would keep all of the regulations that have driven Obamacare’s premiums skyward, and make up for them by increasing federal subsidies to Obamacare enrolees.
