Joe Biden Introduces Proposal For New, Improved Obamacare
Joe Biden rolled out his new health care plan over the weekend, John Berman said, introducing CNN correspondent Jessica Dean with the details.
"Look, this is becoming the issue that is quickly becoming a defining issue for these candidates. We're starting to see only some of the contrasts," Dean said.
"Let's break down what Joe Biden is offering here. Two big components here: Federal subsidies to make Obamacare exchanges cheaper. A public option program similar to Medicare, it also allows Medicare to negotiate to make drug prices cheaper. Federal subsidies to make it cheaper. This is going to allow a family of four making $110,000 to save about $750 a month. They're also going to support gold plans versus silver. A gold plan's gonna let you have a lower deductible down that public option, then you're going to be able to put in people who are in Republican-led red states that were not able to get -- they did not expand Medicaid. So now they're going to be enrolled in this public option. Also, if you have health insurance you don't like, you can join the public option. But if you start reading these, what you'll notice is this is a lot of what they wanted originally with Obamacare when they first proposed all of this. That's not what they ultimately got, but the Biden campaign really wants to come back, they want to strengthen Obamacare.