Sen. Elizabeth Warren, D-Mass., released a detailed plan Friday that she says would fully fund a “Medicare for All” bill and cover every American without premiums or deductibles, all with “not one penny in middle-class tax increases.”

Warren’s campaign estimates her plan would keep combined public and private health spending “just under” $52 trillion over the next 10 years, in line with projections under existing law, but would require the federal government to absorb $20.5 trillion in new spending. It seeks to use efficiency savings generated by Medicare for All to cover the uninsured at a similar total cost and add new benefits for dental, vision and long-term care.

“Medicare for All is about the same price as our current path — and cheaper over time,” Warren said in a Medium post. “That means the debate isn’t really about whether the United States should pay more or less. It’s about who should pay.”

Warren places most of the revenue burden on businesses and the wealthy. She plans to carry over almost all existing health funding from employers and state governments while also levying a variety of new taxes on the rich, corporations and high-earning investors — including doubling her signature wealth tax on billionaires.

Warren backs up her revenue and cost estimates with 44 pages of analysis from experts, including former International Monetary Fund chief economist Simon Johnson, former Obama economic adviser Betsey Stevenson, Moody’s chief economist Mark Zandi, and former Obama-appointed Medicare and Medicaid administrator Dr. Donald Berwick. Read more

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Sen. Elizabeth Warren, D-Mass., released a detailed plan Friday that she says would fully fund a “Medicare for All” bill and cover every American without premiums or deductibles, all with “not one penny in middle-class tax increases.”

Sen. Elizabeth Warren, D-Mass., released a detailed plan Friday that she says would fully fund a “Medicare for All” bill and cover every American without premiums or deductibles, all with “not one penny in middle-class tax increases.”