1.7 KiB
1.7 KiB
Cost of Medicare for All
Universal health care could save money if properly implemented
- Cai et al. 20
- A META ANALYSIS: 91% of peer reviewed journals say that Medicare For All would save money in both the short-run and the long-run
- Found and compared cost analyses of 22 single-payer plans for the US or individual states
- “The largest source of savings was simplified payment administration (median 8.8%), and the best predictors of net savings were the magnitude of utilization increase, and savings on administration and drug costs”
- Blahous 18
- Study by libertarian think-tank with Koch funding
- Finds that depending on how Bernie’s M4A plan is implemented, $250 billion could be saved annually
- Pollin et al. 18
- An assessment of a possible M4A plan in the U.S.
- As of right now, 35% of Americans are uninsured or underinsured on their current healthcare plans
- “Medicare for All could reduce total health care spending in the U.S. by nearly 10 percent, to $2.93 trillion, while creating stable access to good care for all U.S. residents.”
- Note: this review had largely positive reviews from multiple experts in the field