Democratic presidential candidate Sen. Elizabeth Warren admitted during in interview that “Medicare for All” would likely cause a loss of two million jobs because of the disruption to the healthcare industry, according to the Washington Examiner.
"Regardless of what kind of money is involved, 'Medicare for all' would likely result in a pretty significant kind of shift in how our healthcare system is structured, and even supporters of that approach within the health policy world have said that would likely mean lost jobs in some form," Casey McDermott, a reporter for New Hampshire Public Radio, told Warren during a Wednesday interview. "An economist at the University of Massachusetts, Amherst, told Kaiser Health News earlier this year that that could result in about two million jobs lost."
Warren’s response: “So I agree…I think this is part of the cost issue and should be part of a cost plan.”
As the Examiner reports:
The 2020 contender has struggled to explain how she would pay for her "Medicare for all" plan. Warren has dodged whether middle-class taxes would be raised to pay for universal healthcare.
"I want to get insurance that covers everybody. I don't want to tax anybody. I'm not trying to make this harder on your family. I just want it to cover all the families," she said at a recent town hall in New Hampshire.
When pressed on the topic, Warren responded by saying it would be "Big corporations and really wealthy people are going to see their costs go up."