Word for Word: Medicare Chief Pans Medicare For All (C-SPAN)

Seema Verma, the chief of the Centers for Medicare & Medicaid Services (CMS), called Medicare for All, a "bad idea," saying it would dilute the program for seniors and drain the federal government's resources. She argued that providing Medicare to all Americans would cost $32 trillion. By 2022, she said, it would take up 58 percent of federal spending, compared to 28 percent currently. Administrator Verma discussed the idea as well as the current state of the Medicare program at a conference hosted by America's Health Insurance Plans (AHIP) in Washington, DC. She also discussed the Affordable Care Act and the Trump administration's initiatives aimed at lowering health care costs. The CMS administrator oversees a $1 trillion budget and health care for 130 million Americans. Full video here