Would Your Wages Rise Under ‘Medicare for All’? - News Summed Up

Would Your Wages Rise Under ‘Medicare for All’?


In a Democratic debate in September, Mr. Sanders differed with Joe Biden in saying wages would rise if employers were no longer involved with health benefits. Many Americans are skeptical; in a Kaiser Family Foundation poll, 63 percent said their wages would stay the same if their employers’ health costs fell. Some studies in economics support the theory that employers trade off health insurance premiums for wages almost dollar for dollar. But other studies of public-sector employees find little to no evidence of a comparable trade-off between wages and health insurance premiums. Here, many studies suggest closer to a one-to-one trade-off between workplace health insurance premiums and wages.


Source: New York Times February 03, 2020 09:56 UTC



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