Wharton Business Daily
Can Senator Sanders's 'Medicare for All' Plan Actually Work?
Democratic candidate Senator Bernie Sanders has been touting his 'Medicare for All' plan on the campaign trail, which he says will dramatically improve healthcare for all Americans. But many questions remain, including how the plan will be financed. Last week, the Penn Wharton Budget Model released its analysis of the Senator's plan, which in one scenario, showed that within 40 years the GDP will decline by 24%. Professor Kent Smetters sat down with Dan Loney to talk about the pros and cons of Medicare for All and the Budget Model's analysis of the various financing mechanisms in detail.