The political career of Bernie Sanders nearly ended before it began. In the early 1970s, he lost his first four races — two for the Senate and two for governor — running on the ticket of Vermont’s radical Liberty Union Party. Fast forward to the present, the 2016 Presidential Election is well under way, and we are more than excited to give you a detailed fix about the running candidates and their health care agenda for the U.S. This week’s post will be about Bernie Sanders, one of the two remaining candidates running for the Democratic party ticket.
According to the New York Times Bernie Sanders unveiled a universal health care plan that includes cutting back on tax increases for the lower and middle classes, and adding a tax hike for the top 1% (the wealthiest). Isn’t this what Americans have been asking for forever? It makes complete sense to tax the wealthier more because it relieves the tax strain on lower and middle class Americans.
This health care plan would be made possible due to a 2.2 percent premium, which would be accompanied by an estate tax on the wealthiest Americans. Under the plan, “individuals making $250,000 to $500,000 annually would be taxed at a rate of 37 percent.” The top rate, which is a whopping 52%, would apply to those earning $10 million or more a year.
Mr. Sanders proposal would expand Medicare and “build on the success of the ACA.” Patients would be able to choose their doctors and receive comprehensive care for various services including hospital stays, emergency room visits, and primary and specialty care. Overall, the plan would save $6 trillion over 10 years compared with the current system. These numbers were analyzed by an economist at the University of Massachusetts at Amherst.
A typical family earning $50,000 a year would save nearly $6,000 annually in health care costs. Under Bernie’s proposed health care plan families would pay $466 per year in premiums and deductibles. This is incredible!
Businesses would save more than $9,400 a year in health care costs and the average annual cost to the employer for a worker with a family who makes $50,000 a year would go from $12,591 to $3,100.
Sanders wants to replace the entire health care industry with a single-payer system.
Here are some Bernie “memes” on health care:
Thank you for reading. Till next week, Angelina.