Under a plan proposed by President-elect Joe Biden’s camp, Obamacare would be expanded to include a “public option” health plan. Anyone without insurance could be automatically enrolled. In addition, people younger than 65 could obtain affordable coverage. Employers that decide not to offer employer-sponsored health plans could enroll their employees in the public option plan for a significantly smaller percentage of their employee salary cost (somewhere around 20%).
How the Biden Administration Can Make a Public Option Work
The existing Medicare Advantage plan is a helpful model.
November 25, 2020
Summary.
The incoming Biden administration is expected to expand access to health care insurance coverage in the United States by adding “a public option.” In this article, the authors argue that it should be based on Medicare Advantage plans, which would accelerate the movement away from fee-for-service care to capitated payment tied to the quality of outcomes and patient satisfaction.