Kamala Harris Proposes Medicare Coverage for Long-Term Home Care
The ambitious plan aims to address the caregiving crisis but faces significant fiscal and political hurdles.
- Vice President Kamala Harris announced a proposal for Medicare to cover long-term at-home care, highlighting the growing need for formal caregiving services.
- The current caregiving sector relies heavily on underpaid workers, many of whom are women, and unpaid family members, posing economic challenges as the population ages.
- Funding the proposal is contentious, with estimates ranging from $40 billion to $500 billion annually, raising questions about fiscal feasibility and potential tax increases.
- Harris suggests funding the plan through regulating pharmacy benefit managers and price negotiations, but experts doubt these measures will cover the costs.
- Critics argue that the proposal could lead to increased government control over healthcare, potentially stifling innovation and crowding out private insurance options.