Sen. Bernie Sanders (I., Vt.), who is up for reelection in 2018, authored an op-ed Monday on why Medicare-for-all is good for business, ahead of a campaign speech in Indianapolis today on jobs and the economy.

A single-payer proposal similar to Sen. Bernie Sanders' (I., Vt.) idea was shot down in the Senate in July, with no one voting in favor of the measure.

On July 27, Sen. Steve Daines (R., Mt.) introduced a single-payer, Medicare-for-all system in the Senate. Fifty-seven senators voted against the measure, and 47 senators were deemed not present.

"After years and years, some of my Republican colleagues have begun to understand that we cannot continue a dysfunctional health care system which allows 28 million Americans to have no health insurance which forces us to pay the highest prices of the world by far for health care," Sanders said. "I understand that Senator Daines has introduced a Medicare for all, single-payer system and I congratulate him. So I say to Senator Daines if he is prepared to vote for this legislation and if he can get maybe 5 or 6 more Republicans to vote for this legislation I think we can win it."