Joe Biden Biden’s plan would also set limits on launch prices for drugs with no competition, repeal the bar on Medicare negotiating drug prices and limit price increases above the overall inflation rate. (Photo: Tiffany Hagler-Geard/Bloomberg)

Presidential candidate and former vice president Joe Biden entered the health-care reform fray, offering the addition of a public option to the existing plan rather than heading in the direction of Medicare for All.

According to The Hill, Biden would not only offer individuals an option to buy coverage through public health insurance, like Medicare, but would increase tax credits to help middle-class families and expand coverage to low-income Americans in the 14 states that have blocked the ACA. The public option would be premium free to those who are eligible for affordable care in those states—with auto enrollment for people making below 138 percent of the federal poverty line.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Marlene Satter

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

More from this author

BenefitsPRO Broker Expo 2024Event

The premier educational and networking event for employee benefits brokers and agents.

Get More Information


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.