Health care experts are working overtime to craft a new Medicare-for-all bill that would provide universal coverage for all Americans.
The bill, called the Medicare for All Act, is being developed by three groups: one from New York City, one from Washington, DC, and the National Association of Manufacturers (NAM), a trade group.
It’s expected to be introduced in the coming days, and is expected to include a few key components.1.
Medicare-based insurance would provide comprehensive coverage to all Americans2.
Coverage would include universal drug coverage3.
No out-of-pocket costs4.
Coverage could be provided by the federal government.
In theory, that could be accomplished by either the federal or state governments.
But the NAM and its members argue that Medicare-like coverage would require significant tax increases, which they say could not be justified by the $2.3 trillion national debt.
The NAM, which is backed by some Democratic governors and has lobbied hard to get the issue on the table, has proposed that a government-run Medicare-as-a-public-private-sector program provide the coverage.
The group has also said that it would like to see a “public option” in the Medicare program.NAM President Michael Gerson said in a statement that “while the American people can be proud of the Affordable Care Act, they should not be complacent when it comes to our nation’s healthcare system.”
“This bill would provide healthcare for every American, including people with pre-existing conditions,” Gerson continued.
“It would also provide universal healthcare for all, including those who have pre-existing conditions, regardless of their income or location.”
This would be a bold, innovative and fair proposal that is good for the economy, good for people, good health care and good jobs.
Nam has also expressed concerns about the federal healthcare overhaul, saying it “undermines the health care delivery system” and “further undermines our efforts to provide comprehensive and affordable healthcare to every American.”NAM is also concerned about the lack of a universal insurance system, saying that it “would require a significant tax increase to pay down the tab and provide affordable coverage to the millions of Americans who lack access to affordable healthcare.”