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source-library/healthcare/cost_of_m4a.md
2020-05-28 19:57:55 -04:00

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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
  • 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