Former Vice President Joe Biden released his health care plan on Monday, formally entering the Democratic debate about how to solve the country's health care crisis, in which 26% of Americans struggle to afford services even with insurance and out-of-pocket medical costs outpace wage growth.
The Biden plan expands upon the Affordable Care Act (ACA) by adding a government-run public option to compete alongside private insurers and by making existing subsidies for private plans more generous. The plan nears universal coverage, but falls short by the campaign's own admission: It would cover an estimated 97% of Americans.
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