It’s what you would expect from one of the architects of the Affordable Care Act.
Courtesy of The Hill:
Unlike several of his Democratic primary opponents, Biden does not support eliminating private insurance or a Medicare for All plan. His plan is also not a pathway to a Medicare for All system, as other White House hopefuls have proposed.
“I understand the appeal of Medicare for All but folks supporting it should be clear it means getting rid of ObamaCare and I’m not for that,” Biden said in a video announcing his plan.
“I know how hard it is to get that passed, I watched it, starting over makes no sense to me at all,” he added,
Under Biden’s plan, Americans would have the option to purchase a public health insurance option, like Medicare.
His plan would also increase the value of tax credits to lower premiums, aimed at benefiting middle-class families.
Today, families between 100 percent and 400 percent of the federal poverty line may receive a tax credit to reduce how much they pay for insurance. Biden’s plan would eliminate the 400 percent income cap to lower costs for working-class families.
Biden’s plan also seeks to expand coverage to low-income Americans in 14 states that have blocked the Affordable Care Act. The plan would offer premium-free access to the public option for those eligible for Affordable Care in those states.
The plan would also automatically enroll individuals making below 138 percent of the federal poverty line, reduce the cost of prescription drugs, and allow folks to buy prescription medication from other countries.
I think this is a strong healthcare policy, that really defines Biden’s confidence in the ACA, and makes a clear deliniation from the other Democratic candidates.
I have been saying since before Obamacare was passed that it was a gateway to a single payer system anyway, so sticking with it now is not so much a step backwards as it is a plan to hang onto the progress already made in that area.
What’s more if Congress fine tunes Obamacare it would become even more popular and give the Democrats an edge in upcoming elections after 2020.