“in July, the Center for American Progress released its “Medicare Extra” proposal. As I wrote at the time, the plan was, and is, an intriguing synthesis of left and moderate ideas on health reform. It’s universal, it uses Medicare’s pricing power to hold down costs, it rebuilds the health system around public insurance — and it gives everyone, everywhere, a true choice between public and private options, no matter what their employer is offering. In all those ways, it goes much further than Bidencare.”
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“Medicare Extra retains private insurance options, allows employers to continue offering insurance to employees if they think they can provide something better than the public option, and it holds the total price tag to somewhere in the $2.8 trillion to $4.5 trillion range. Which is to say, it’s not nearly as disruptive as Sanders’s Medicare-for-all bill, and it only requires about a tenth of the tax increases.”
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“The plan saves money by expanding Medicare’s pricing power throughout the system — including to employer-provided private insurance. It’s the first of the major Democratic proposals to rely on a version of all-payer rate setting.”
https://www.vox.com/2020/4/9/21210353/coronavirus-health-insurance-biden-sanders-medicare-for-all