Editorial
Investor's Business Daily
May 10, 2016
Health Reform: For decades the left has been pushing “single payer” health care without ever coming clean about how much it would cost. Now, thanks to Bernie Sanders, we have our answer. And the price tag is mind-boggling.
Sanders’ plan would eliminate private insurance, Medicare, Medicaid, and ObamaCare in favor of a single, government-run program, which he calls “Medicare for all.” There’d be no out-of-pocket costs for health care and long-term care.
When he released his plan, Sanders claimed it would cost about $14 trillion over 10 years. But not to worry, he said, since it would be fully paid for by the rich, and the middle class, and the working class, who would all see their taxes go up.
However, a new study from the liberal Urban Institute says that Sanders’s plan would cost more than twice what he says.
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