Chalkboard with insurance words on it Senators Cory Booker, D-NJ, and Kamala Harris, D-CA, have weighed in in favor of the measure, even though the two are also co-sponsors of the Medicare for All bill introduced by Sen. Bernie Sanders, I-VT. (Photo: Getty)

In their quest to expand health care coverage for the millions who lack insurance, two Democratic senators have unveiled a proposal to let anyone buy into Medicare.

The Hill reports that the “Medicare X” measure, a “more realistic” option than a Medicare-for-all plan that would strip out insurers altogether and completely change the American health care system, was introduced by senators Michael Bennet, D-CO, and Tim Kaine, D-VA.

According to the report, rather than completely reshaping the current health care system, the bill would create a public option for Medicare that would permit individuals of any age to buy plans giving them access to Medicare's health care provider network as well as the range of benefits mandated by the Affordable Care Act. At present, only those 65 and older can participate in Medicare.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.