Biden takes a newly aggressive stance on lowering drug prices

Joe Biden campaign stop

The Sanders campaign even launched an online quiz asking participants to identify who has made various claims against Medicare for All, listing Biden, President Donald Trump and Senate Majority Leader Mitch McConnell as options, and arguing that Biden's "lies" are "straight out of the playbook" of Republicans. "We must pass Medicare for All". He said it's going to end all private insurance. Senior advisers said Biden would rescind President Donald Trump's tax cuts for the wealthy, raise the maximum tax bracket to 39% and get rid of the capital gains tax loophole for wealthy families with incomes greater than $1 million a year in order to cover the hefty price tag. The additional subsidies, as well as the implementation of the public option, would cost about $750 billion over a decade, according to his campaign-not too much less than the $940 billion Obamacare was estimated to cost over its first decade.

Biden's plan includes universal coverage and reduced complexities he said will provide affordable, quality plans and prescription drug coverage. The plan would also allow Medicare to directly negotiate prescription prices, allow drugs to be imported from overseas, and increase the value of tax credits to lower premiums so more Americans could get coverage. "The Affordable Care Act was a historic achievement for President Obama", he said in the introduction video.

"The culinary union in Nevada said to me, 'We don't like Medicare for All because we negotiated for our benefits".

In a video posted to Twitter, Biden called the Affordable Care Act an "historic achievement" that gave 20 million Americans coverage they didn't have before.

He added that after the first Democratic debate, supporters of Biden were disappointed that he didn't "stake his ground as, 'Yeah I am the more moderate guy on this stage, ' and now you're seeing him do it".

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The idea is to expand coverage immediately and shake up insurance markets long-term by forcing private insurers to compete alongside the government, theoretically pressuring to lower their premiums and out-of-pocket costs for private policyholders.

It was reminiscent, at least rhetorically, of Obama promising during the 2009-10 debate: "If you like your doctor, you can keep your doctor". Health care has become a dividing line with one end of the spectrum supporting the total elimination of private health insurance, and the other end supporting the creation of a public health insurance option but also seeking to keep a private insurance market as well to avoid maximum disruption.

The dynamics illustrate Democrats' overall leftward shift on health care.

Massachusetts Senator Elizabeth Warren was a distant second with 15%, followed by California Senator Kamala Harris at 13%.

Citing Medicare for All, Bennet declared, "I think that Colorado would be at risk if Bernie Sanders were the nominee".

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