Warren agrees Medicare-for-All could result in two million jobs lost: 'This is part of the cost issue'
Presidential hopeful Sen. Elizabeth Warren, D-Mass., said Wednesday that she agrees with a University of Massachusetts-Amherst economist who concluded a Medicare-for-all health care plan could result in substantial job losses, calling it "part of the cost issue. Robert Pollin of UMass' Political Economy Research Institute told Kaiser Health News earlier this year that most of the job losses would hit administrative positions -- about half among insurers and half in hospitals and doctors' offices.
Presidential hopeful Sen. Elizabeth Warren, D-Mass., said Wednesday that she agrees with a University of Massachusetts-Amherst economist who concluded a Medicare-for-all health care plan could result in substantial job losses, calling it "part of the cost issue. Robert Pollin of UMass' Political Economy Research Institute told Kaiser Health News earlier this year that most of the job losses would hit administrative positions -- about half among insurers and half in hospitals and doctors' offices.
Warren was made aware of Pollin's conclusions during an interview with New Hampshire Public Radio. Medicare-for-all has become a point of contention among Democrats vying for the White House. Warren, now considered a co-frontrunner, has come under pressure from her presidential rivals to explain how she would raise the necessary $30 trillion over 10 years to fund the plan.
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