Bernie Sanders to propose $20 billion bailout fund for struggling hospitals

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Bernie Sanders to propose $20 billion bailout fund for struggling hospitals
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Sen. Bernie Sanders is proposing a plan to create a $20 billion bailout fund to help local governments purchase struggling hospitals

Sen. Bernie Sanders, while wading in to a local fight over a Philadelphia hospital, proposed Monday a plan to create a federal fund to help local governments purchase for-profit hospitals struggling with debt and in danger of closing.

The announcement came during a speech at a rally to save Hahnemann University Hospital. Hahnemann is currently in bankruptcy proceedings and its leadership has signaled plans to close the hospital this fall. Sanders' appearance was part of a last-minute request from activists battling to save the hospital.

his"Medicare for All" plan. On Wednesday, Sanders will deliver what his campaign is describing as a"major" speech on the topic. As many of his fellow Democratic opponents begin to unveil their health care plans, Sanders is hoping to emphasize not only his support for full, single payer nationalized health care system, but also to show that he was the first national candidate to offer up support for the concept.

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