'Massive Giveaway to Health Insurance CEOs': Democratic COBRA Plan Denounced as Costly Taxpayer Gift to For-Profit Industry

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      eridani
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      https://www.commondreams.org/news/2020/05/13/massive-giveaway-health-insurance-ceos-democratic-cobra-plan-denounced-costly

      In a statement, People’s Action Director George Goehl said that “while including funds to keep people from losing their insurance due to job losses shows concern for people’s health needs during a pandemic, the best solution would be to enroll the uninsured into Medicare so that we support people with a public program instead of handing more money to private insurance companies who put profit over people’s actual health.”

      Last month, Sanders and Rep. Pramila Jayapal (D-Wash.), co-chair of the Congressional Progressive Caucus, introduced legislation that would use Medicare to cover all healthcare costs for the uninsured and all out-of-pocket costs for those on private insurance plans for the duration of the Covid-19 crisis.

      In an April 28 op-ed for Politico, Sanders made the case for his and Jayapal’s plan and warned that subsidizing COBRA would “be both expensive and ineffective.”

      “Not only would health insurance corporations make massive profits off the plan—profits that come at the cost of the American taxpayer—but it would still leave tens of millions uninsured or underinsured,” Sanders wrote. “And during this pandemic, a lack of insurance means more Covid-19 transmissions and more deaths. Expanding COBRA during the pandemic would do nothing to cover those who already lacked insurance.”

      Jesus: Hey, Dad? God: Yes, Son? Jesus: Western civilization followed me home. Can I keep it? God: Certainly not! And put it down this minute--you don't know where it's been! Tom Robbins in Another Roadside Attraction

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