• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

1

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
LeadershipPolitics

Bernie Sanders Introduces ‘Medicare for All’ Bill. Here’s What It Says

By
Laura Litvan
Laura Litvan
,
John Tozzi
John Tozzi
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Laura Litvan
Laura Litvan
,
John Tozzi
John Tozzi
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
April 10, 2019, 2:45 PM ET
Add Fortune on Google for similar content.

Senator Bernie Sanders introduced a new Medicare for All proposal, acting to keep health-care policy at the center of the race for the 2020 Democratic presidential nomination and marshaling support from four White House rivals for a single-payer plan to expand medical coverage.

“Health care is a human right, not a privilege,” Sanders said at a Capitol Hill rally Wednesday. He said he wants to end the “international embarrassment” of the U.S. being the only major nation that doesn’t guarantee health coverage to its citizens.

He criticized health-care executives’ wealth and the high profits of insurers and drugmakers. “Please do not tell us that this is a rational health-care system,” Sanders added.

His proposal would replace private health insurance with a government-run plan that covers primary care, hospital stays and prescription drugs for all Americans, dramatically changing America’s $3.5 trillion health-care industry.

Sanders, who also sought the Democratic nomination in 2016, has backed the concept for years and offered similar legislation in 2013, when it attracted no co-sponsors. Of 14 Democratic senators who have signed on this time, four are competing with Sanders for the Democratic nod: Kamala Harris, Cory Booker, Kirsten Gillibrand and Elizabeth Warren. Gillibrand is the only fellow candidate who attended the rally.

With the plan’s introduction, Sanders is setting the standard for progressives in the health-care debate even as the Democratic Party is rallying to defend Obamacare. The Trump administration is supporting a suit in federal court that seeks to have the 2010 health law cast aside as unconstitutional. Sanders’s proposal is more sweeping than the Affordable Care Act and he’s betting that it will resonate with Democratic primary voters next year when caucuses and primaries get underway.

That position has been risky for some in the field. Harris drew attacks after she said at a January CNN town hall said she was for Medicare for All and that she would “eliminate all of that,” referring to the private health insurance industry. But her staff later said she would favor more incremental approaches. Warren and Booker also have indicated they might consider other compromise approaches.

Not everyone in the race agrees Medicare for All is the best path to gaining universal health coverage, with others offering rival ideas including a “public option” as part of Obamacare. Senator Amy Klobuchar, a Minnesota Democrat, has never signed on to Sanders’s single payer idea, and neither has Senator Michael Bennet of Colorado, a Democratic moderate who is expected to enter the presidential contest soon.

Universal Care

Klobuchar told reporters Tuesday that she instead favors a public option, something she said can be achieved by using Medicare or Medicaid to extend more care to the uninsured.

“I think that’s going to get us more quickly onto the path of universal health care,” she said.

“I think that’s going to get us more quickly onto the path of universal health care,” she said.

The proposal has no chance of becoming law, with the Senate in Republican control and no GOP senators on board.

The Democratic contenders lending weight to the proposal are signing on to a concept that comes with a high price tag. The non-partisan U.S. Congressional Budget Office, which provides cost estimates of legislation, hasn’t weighed in on the cost of the proposal. A study from the libertarian Mercatus Center said Sanders’s 2017 single-payer bill would raise federal spending by $32.6 trillion over 10 years.

The U.S. is already projected to spend about $47 trillion on health care between 2018 and 2027, when adding up what the government, employers, and households pay. Proponents of Medicare for All argue that it will shift private spending to the public sector, eliminating the cost of administering private health plans and insurers’ profits.

About 18 percent of gross domestic product goes to medical spending, a far higher share than peer countries.

‘The Best Ideas’

Sanders’s proposal would establish universal benefits through a government-run program and outlaw most forms of private insurance, including employer-provided coverage. That would eliminate out-of-pocket costs to patients, but also provide less choice for people who want to purchase specific types of benefits and for employers who use them to attract workers.

Sanders didn’t offer a specific way to pay for the plan. A statement on financing it said, “We will continue to get the best ideas from economists, doctors, nurses, and ordinary Americans to guarantee health care as a fundamental right.”

The Sanders plan would be phased in over four years by gradually lowering the age for Medicare eligibility until all Americans are covered.

Coverage would include hospital care, primary and preventive services, prescription drugs, emergency services and mental health treatment. Sanders’s plan would add new Medicare benefits including dental, vision, hearing and long-term care. States could provide more benefits out of their own budgets.

Employer Plans

About 156 million Americans have private employer-sponsored plans run by companies such as UnitedHealth Group Inc. and Anthem Inc. They would have to switch to government insurance.

America’s Health Insurance Plans, the insurer lobby group, said in a statement Wednesday that Medicare for All and similar proposals would mean that “Americans will pay more, to wait longer, for worse care. Let’s focus on real solutions that deliver real results, not a one-size-fits-all government system.”

Proponents of Medicare for All say it would close gaps in health-care coverage that leave 27 million Americans uninsured. It would also make health care more accessible to millions of families who have medical coverage but still struggle to afford the rising cost of medical care and prescription drugs.

Almost 30 percent of adults with insurance face such high out-of-pocket costs relative to their income that they are considered “underinsured” and likely to delay care or struggle with their bills, according to estimates by the Commonwealth Fund.

Sanders’s proposal would leave medical providers, such as doctors and hospitals, in private control.

Polls show that the public is generally supportive of the idea of Medicare for All, but the level of backing shifts based on how the question is phrased.

About the Authors
By Laura Litvan
See full bioRight Arrow Button Icon
By John Tozzi
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Leadership

Nvidia CEO Jensen Huang denies the chip boom will go bust soon and actually utters the infamous phrase ‘this time is different’
Big TechSemiconductors
Nvidia CEO Jensen Huang denies the chip boom will go bust soon and actually utters the infamous phrase ‘this time is different’
By Jason MaJuly 25, 2026
8 hours ago
SpaceX’s Starship V3 deploys most advanced Starlink satellites then pulls off best re-entry yet with splashdown so soft it floated in the Indian Ocean
Innovationspace
SpaceX’s Starship V3 deploys most advanced Starlink satellites then pulls off best re-entry yet with splashdown so soft it floated in the Indian Ocean
By Marcia Dunn and The Associated PressJuly 25, 2026
10 hours ago
Inside On’s tech lab, where robots build running shoes in 3 minutes and can eliminate up to 300 hours of human work
C-SuiteSportswear
Inside On’s tech lab, where robots build running shoes in 3 minutes and can eliminate up to 300 hours of human work
By Ruth UmohJuly 25, 2026
11 hours ago
Can Apple’s incoming CEO bring back the product design mojo of the Steve Jobs era?
MagazineApple
Can Apple’s incoming CEO bring back the product design mojo of the Steve Jobs era?
By Sebastian HerreraJuly 25, 2026
11 hours ago
g
SuccessCrime
Gen Z ‘teen takeovers’ go from hijinks to shootings, theft and vandalism. Blame ‘adolescent brain development’
By Safiyah Riddle, Corey Williams and The Associated PressJuly 25, 2026
12 hours ago
A Hims cofounder fired his entire marketing team for AI. Now his 24/7 online vet service is growing 20% a month
SuccessMarketing
A Hims cofounder fired his entire marketing team for AI. Now his 24/7 online vet service is growing 20% a month
By Sydney LakeJuly 25, 2026
12 hours ago

Most Popular

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
14 hours ago
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Economy
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
2 days ago
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
Big Tech
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
3 days ago
Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of airstrikes amid talks for potential Hormuz deal
Middle East
Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of airstrikes amid talks for potential Hormuz deal
By Jason MaJuly 25, 2026
5 hours ago
An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
Success
An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
By Orianna Rosa RoyleJuly 25, 2026
16 hours ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.