How Joe Biden Would Make the Health Care System Unravel


By Chris Jacobs
The Juniper Research Group, September 21, 2020

Joe Biden has billed his health care plan as a moderate alternative to single-payer socialized medicine, going so far as to promise that “If you like your employer-based plan, you can keep it.” But his proposal to allow people with employer coverage to receive federal Exchange subsidies will weaken, and could ultimately eliminate, employer-based insurance. Under the richer federal subsidy scheme Biden proposes, many individuals of modest incomes will receive significant financial incentives if they move to Exchange coverage. As a result, an estimated 24 million individuals could voluntarily switch from employer coverage to the Exchanges. Liberals might cheer this development, but it will have major effects on the entire health care system. Click here to read more.