Savings Reduce Need For Additional Revenues

Savings Dramatically Reduce the Need for Additional Revenues   “Overall, the ten-year national savings on health-care expenditures range from a low of over $6 trillion to a high of over $13 trillion. In every model tested, Improved Medicare for All is cheaper than the current system even while providing improved health care. The savings dramatically […]

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Reducing Bureaucratic Waste Would Save $140 Billion Annually

Reducing Bureaucratic Waste Would Save $140 Billion Annually “The fiscal case for NHI arises from the observation that bureaucracy now consumes nearly 30% of our health care budget,5–7 as well as the fact that this enormous bureaucratic burden is a peculiarly American phenomenon. Our biggest HMOs keep 20%, even 25%, of premiums for their overhead […]

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Simplified Administration Could Save Over $500 Billion Per Year

Simplified Administration Could Save Over $500 Billion Per Year “Around one-third of U.S. health care dollars are spent on administrative functions, including insurance company overhead; administrative costs of hospitals, practitioners, nursing homes and other providers; and costs incurred by employers in managing their workers’ benefits.20 Studies have routinely found that the United States has the […]

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Medicare for All Saves Money

A Well-Designed Medicare for All System Creates Savings “A well-designed Medicare-for-All system would create enough savings that even a significant increase in the amount of care rendered would be more than offset. This would be achieved by reducing administrative waste, harnessing the federal government’s negotiating power to bring down the price of care, setting global […]

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HR 676 – The Expanded and Improved Medicare for All Act

In 2003, The Expanded and Improved Medicare for All Act (HR 676) was introduced in 2003 by Rep. John Conyers, and re-introduced through the 115th Congress, 2017-2018. “This bill establishes the Medicare for All Program to provide all individuals residing in the United States and U.S. territories with free health care that includes all medically […]

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