New Plan To Form A ‘Medicare For All’ Caucus Revealed – Expect Taxpayers To Pick Up The Tab
Democrats struggle to save and expand on Obamacare but this latest attempt is just plain desperate…
Roughly a third of House Democrats are forming a new caucus that will push for health care legislation to roll all U.S residents into the Medicare program, The Washington Examiner reported.
The “Medicare for All” Caucus of 60 founding members will be announced Thursday morning and co-chaired by Democratic Reps. Pramila Jayapal of Washington, Keith Ellison of Minnesota, and Debbie Dingell of Michigan.
Ellison, who is also deputy chairman of the Democratic National Committee, is the lead House Democrat behind the Expanded and Improved Medicare For All Act, which has the support of more than 120 of 193 Democrats in the House.
So, Democrats are still desperately trying to save and expand on the failed Obamacare program. What’s even more alarming is that Congress‘ own website does not specify that the intended beneficiaries of this obvious cash cow even need to be legal citizens:
This bill establishes the Medicare for All Program to provide all individuals residing in the United States and U.S. territories with free health care that includes all medically necessary care, such as primary care and prevention, dietary and nutritional therapies, prescription drugs, emergency care, long-term care, mental health services, dental services, and vision care.
Only public or nonprofit institutions may participate. Nonprofit health maintenance organizations (HMOs) that deliver care in their own facilities may participate.
Just as the Chicago Tribune pointed out back in 2016, Obamacare failed for a multitude of reasons but the main, and most painful, issue with the program is the overwhelming costs to the American taxpayers. None felt that strain more than the ever-shrinking middle-class.
Obamacare failed because it flunked Economics 101 and Human Nature 101. It straitjacketed insurers into providing overly expensive, soup-to-nuts policies. It wasn’t flexible enough so that people could buy as much coverage as they wanted and could afford — not what the government dictated. Many healthy people primarily want catastrophic coverage. Obamacare couldn’t lure them in, couldn’t persuade them to buy on the chance they’d get sick.
Obamacare failed because the penalties for going uncovered are too low when stacked against its skyrocketing premium costs. Next year, the penalty for staying uninsured is $695 per adult, or perhaps 2.5 percent of a family’s taxable household income. That’s far less than many Americans would pay for coverage. Financial incentive: Skip Obamacare.
So, what’s the plan now? Medicare for all? To partially fund this Bill using baby-boomers’ social securities with the ‘intent to pay it back’? Because that’s worked out well in the past, right?
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