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 reduce the need for additional revenues beyond the already vast federal and state funds committed to health care. After taking account of savings and these committed funds, an Improved Medicare for All program could be financed with payroll taxes at rates significantly below what most employees now pay for health insurance premiums and costsharing.”

Gerald Friedman, “We Can Have Improved Medicare For All,” Hopbrook Institute, University of Massachusetts at Amherst, December 11, 2018, p. 5

https://businessinitiative.org/wp-content/uploads/2019/01/We-Can-Have-Improved-M4A-Friedman-ilovepdf-compressed.pdf

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