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Sanders Unveils Details on Health Plan

GOOD TIMING

Hours before Democratic presidential debate.

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Chris Keane/Reuters

Just hours before the Democratic presidential debate, Bernie Sanders revealed details about a plan for a single-payer healthcare system on Sunday. According to the Vermont senator’s “Medicare for All” plan, individuals would pay a 2.2 percent “premium” and employers would dole out a 6.2 percent payroll tax to fund the healthcare plan. Individuals who make $250,000 to $500,000 would pay a tax rate of 37 percent and those making more than $10 million would pay a 52 percent tax rate. Rival candidate Hillary Clinton criticized Sanders last week over his universal healthcare plan, arguing that he didn’t have a plan to pay for it.

Read it at Reuters