U.S. Sens. Michael Bennet of Colorado and Tim Kaine of Virginia, both Democrats, have introduced legislation to create a government-run health insurance plan that would eventually allow anyone to buy coverage under Medicare, the federal program that covers the elderly.
"This bill creates a true public option, which I believe we should have passed with the Affordable Care Act," Bennet said in a call with reporters.
The plan, called "Medicare-X," would be available initially in areas that lack competition - including 14 mostly rural counties in Colorado with only one insurance option - and would roll out nationwide by 2023. Participants could qualify for the same tax credits and cost-sharing reduction payments available under the Affordable Care Act, known as Obamacare.
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