5 notes on Bloomberg's healthcare plan 

Democratic presidential candidate Michael Bloomberg released his healthcare plan Dec. 19 during a campaign speech in Memphis, Tenn. 

Five quick notes on the plan: 

1. It includes a federal "Medicare-like" public option that would require people to pay monthly premiums.

2. It would expand ACA subsidies, capping all health insurance premiums at 8.5 percent of income. 

3. Mr. Bloomberg's plan would eliminate the ACA's "family glitch," allowing families with expensive employer-sponsored plans to buy insurance on the exchanges with subsidies. 

4. It would also seek to eliminate exorbitant surprise medical bills by requiring physicians to accept in-network rates at in-network hospitals and capping out-of-network hospital prices at 200 percent of Medicare rates. 

5. It would create supplemental dental, vision and hearing benefits, available to Medicare enrollees for a $25 monthly premium. 

Learn more here

 

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