Time for a public option for healthcare in Delaware (Sen. Margaret Rose Henry)
While the folks in DC are fighting over the future of the US healthcare system, Sen. Margaret Rose Henry (who will be stepping down at the end of the current session after representing the 2nd Senate district since 1994) offers the following proposal. Forget about total deregulation on the one hand and "a budget-busting state program" on the other. Instead, adopt a high-quality, cost-effective alternative to private healthcare insurance. Her bill would call for exploring a "buy-in program" whereby people who earn too much to be eligible for Medicaid (over 138% of the federal poverty level) could pay to enroll in Medicaid. This might "incentivize private insurance [sic] to keep costs low." She closes with the "hope that this study group will help Delaware continue [her] fight [to be a voice for working people and our most vulnerable neighbors] well after I am gone."
This approach does not sound promising in principle, and there is no discussion of how much the new enrollees in Medicaid would be charged.