Joe Biden is proposing massive new subsidies to make health coverage through Obamacare’s exchanges cheaper — as well as a new “public option” that would allow people to buy into a program his campaign says would be similar to Medicare.
The former vice president unveiled his health care plan Monday morning amid an escalating fight with his 2020 Democratic presidential foes as some more liberal candidates advocate enrolling all Americans in a national health plan, all but eliminating private health insurance.
Vermont Sen. Bernie Sanders is set to deliver a speech making his case for “Medicare for All” on Wednesday, according to his campaign. And California Sen. Kamala Harris, who has similarly backed a single-payer, government-run health program, teased the upcoming rollout of her plan in front of a crowd in New Hampshire on Sunday, too.
Biden, meanwhile, is pushing for a more moderate approach, built on former President Barack Obama’s Affordable Care Act.
“We should not be starting from scratch. We should be building from what we have. There’s no time to wait,” Biden told an audience in Dover, New Hampshire, on Friday.
He said that under his plan, if “you like your employer-based insurance, you get to keep it.” Under other leading Democrats’ plans, he said, “you lose it, period.”
Biden’s plan would launch a “public option” that his campaign says would be “like Medicare,” with primary care covered with no co-payments.