(CNSNews.com) - Medicare for all -- no more private insurance -- is not a government takeover of the U.S. healthcare system, Sen. Bernie Sanders (I-Vt.), one of the 2020 Democrat contenders, told CBS's "Face the Nation" on Sunday.
"I'm not advocating for the United States government to take over the health care system. What I am advocating for is an expansion of Medicare. Medicare exists. I want to expand it over a four-year period."
"Which would be administered by the U.S. government and your administration, if you win," host Margaret Brennan interjected.
"Precisely," Sanders agreed. "Just as Medicare is right now. But it -- but it's not a takeover. People will still go to the same doctor. They'll go to the same hospital. We will substantially lower the cost of prescription drugs. Cost per person will go down. People will be paying less for health care. But it's not a takeover," Sanders repeated.
Sanders said his plan would cost $30- to $40-trillion over a ten-year period.
"And the problem is, we're already spending about 50 percent of health care dollars already come from the federal government. We've got to add the other 50 percent," he said.
"But here's the main point that people should appreciate. If we do nothing, according to Health and Human Services, we're going to be spending $50 trillion.
We spend twice as much per capita on health care as do the people of Canada or Europe. So, of course, we can provide health care to all people spending less than we are doing now, because we're going to end the $100 billion in profiteering that goes to the drug companies, that goes to the insurance companies and the hundreds of billions of dollars in administration of thousands of separate plans, enormously complicated and wasteful system."
The interview ended there.