What is Medicare for All?
Established in 1965, Medicare is a government-run health insurance program that covers all Americans age 65 and older and is funded by taxpayers. Medicare is partially funded by Social Security (a portion of which is taken out of your paycheck) to cover most services like hospital stays and doctors’ visits.
Currently, our healthcare system can be described as a hybrid.
- Half of the money comes from the private sector (people who have private insurance through their employer or are self-insured).
- The other half comes from the public sector (local, state, and federal governments paying into Medicare and Medicaid).
FACTPeople on Medicare have the option to select additional coverage from Medicare-approved private insurers to cover other services (dental, vision, and prescription drugs).
Senator Bernie Sanders introduced the Medicare for All Act of 2017, which has been deemed the “Medicare for All” legislation.
FACT"Medicare for All" proponents want every American (regardless of age) to receive health coverage.
FACTPeople who currently receive health insurance from their employer would move to the government system.
FACTThe Medicare for All plan would cover basic health services, as Medicare does now, and also include dental and vision coverage with no copays. The only out-of-pocket fees would be for some prescription drugs and certain elective procedures.
FACTThere are currently 41 million underinsured Americans and another 27.6 million Americans without health insurance.
How would “Medicare for All” affect you? Contact one of our licensed healthcare experts at (866) 817-5270 to learn more.