Brookings' Dr. Matt Fiedler Discusses the Public Option (March 25th)
www.thehealthcarepolicypodcast.com
Listen Now Despite coverage gains obtained under the ACA, today, approximately 13% of Americans or over 30 million are uninsured and 43 percent or approximately 115 million Americans are under-insured. Broadly defined, the public option is a government regulated if not managed health insurance plan that pays reimbursement rates comparable to Medicare or significantly lower than commercial insurers. A public option plan was passed by the House during the ACA debate in 2009 but failed in committee the Senate. Forwarding the policy has been pursued since ACA exchanges went into effect in 2013, was supported by candidate Hillary Clinton in 2016 and by the Biden campaign last year. This past month Senators Bennet and Kaine proposed legislation titled” “the Medicare Exchange “or X” Choice Act” that would create a public option plan that promises to improve care quality and reduce healthcare costs for all Americans since lower public option plan premiums would require commercial plans, in turn, to lower their premium costs in order to compete.
Brookings' Dr. Matt Fiedler Discusses the Public Option (March 25th)
Brookings' Dr. Matt Fiedler Discusses the…
Brookings' Dr. Matt Fiedler Discusses the Public Option (March 25th)
Listen Now Despite coverage gains obtained under the ACA, today, approximately 13% of Americans or over 30 million are uninsured and 43 percent or approximately 115 million Americans are under-insured. Broadly defined, the public option is a government regulated if not managed health insurance plan that pays reimbursement rates comparable to Medicare or significantly lower than commercial insurers. A public option plan was passed by the House during the ACA debate in 2009 but failed in committee the Senate. Forwarding the policy has been pursued since ACA exchanges went into effect in 2013, was supported by candidate Hillary Clinton in 2016 and by the Biden campaign last year. This past month Senators Bennet and Kaine proposed legislation titled” “the Medicare Exchange “or X” Choice Act” that would create a public option plan that promises to improve care quality and reduce healthcare costs for all Americans since lower public option plan premiums would require commercial plans, in turn, to lower their premium costs in order to compete.