There's good news and bad news on Hillary Clinton's newly announced "Medicare for More" plan. While it could cover up to 13 million people, some of whom may already be covered elsewhere, it could also end up raising costs for some.
An analysis of the plan by consulting firm Avalere Health found that close to 13 million Americans age 50 and older who are currently uninsured, or who have individual coverage purchased through the private market, inside and outside the exchange, could be eligible for coverage under the Clinton plan.
However, coverage could end up costing more for some of those participants under the "unusual structure of the Medicare fee-for-service program," resulting not just in higher costs but also more benefit limits than insurance products available on the exchange.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.