Business Group Endorses Medicare for All as Less Expensive for Households, Businesses, and Saves Lives

Business Group Endorses Medicare for All as Less Expensive for Households, Businesses, and Saves Lives “Read the full letter below: We are economists interested in public policy and healthcare. Some of us have worked to estimate the cost of alternative healthcare programs. Others have reviewed such estimates. We believe the available research supports the conclusion […]

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30 Years of Analyses Show Consensus that Single-payer would Reduce Health Expenditures while Providing High-quality Coverage to All in U.S.

30 Years of Analyses Show Consensus that Single-payer would Reduce Health Expenditures while Providing High-quality Coverage to All in U.S. “Abstract Background The United States is the only high-income nation without universal, government-funded or -mandated health insurance employing a unified payment system. The US multi-payer system leaves residents uninsured or underinsured, despite overall healthcare costs […]

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Improved Medicare for All Would Save Over 68000 Lives and $450 billion Annually

Improved Medicare for All Would Save Over 68000 Lives and $450 billion Annually “SUMMARY Although health care expenditure per capita is higher in the USA than in any other country, more than 37 million Americans do not have health insurance, and 41 million more have inadequate access to care. Efforts are ongoing to repeal the […]

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19 of 22 Studies Show Single-payer Would Save Money During First Year and More Over Time

19 of 22 Studies Show Single-payer Would Save Money During First Year and More Over Time “..To estimate what would happen if the United States adopted a single payer system, researchers from UCSF, UCLA and UC Berkeley examined 22 economic analyses by government, business and academic organizations of national and state-level single payer plans, including […]

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Analytic Consensus that Single-payer would Reduce Health Expenditures while Providing High-quality Insurance to All in U.S.

Analytic Consensus that Single-payer would Reduce Health Expenditures while Providing High-quality Insurance to All in U.S. Background “The United States is the only high-income nation without universal, government-funded or -mandated health insurance employing a unified payment system. The US multi-payer system leaves residents uninsured or underinsured, despite overall healthcare costs far above other nations. Single-payer […]

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U.S. Spends $2,500 Per Person on Healthcare Administrative Costs vs Canada’s $550

U.S. Spends $2500 Per Person on Healthcare Administrative Costs vs Canada’s $550 “..The U.S. now spends nearly five times more per person on health care administration than Canada does. The U.S. administrative costs came out to $812 billion in 2017, or $2,497 per person in the U.S. compared with $551 per person in Canada, according […]

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Due to U.S. Multipayer System, Administrative Costs 4 Times Higher than Canada’s Healthcare System

Due to U.S. Multi-payer System, Administrative Costs Billions Higher than Canada’s Healthcare System “Background: Before Canada’s single-payer reform, its payment system, health costs, and number of health administrative personnel per capita resembled those of the United States. By 1999, administration accounted for 31% of U.S. health expenditures versus 16.7% in Canada. No recent comprehensive analyses of […]

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Adopting Single-Payer Drastically Reduces National Health Expenditures

Adopting Single-Payer Drastically Reduces National Health Expenditures “Before implementation of the NHI, annual growth of national health expenditures in Taiwan averaged in the double-digit range. During the period 1992–95, for example, average annual growth was 13.9 percent. 12 In the years immediately following the NHI’s introduction, that growth decreased to 6.0–9.0 percent. Since full implementation of the global budget […]

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Medicare for All would Lead to Income Gains for Majority of Working People

Medicare for All would Lead to Income Gains for Majority of Working People “Many people believe that the United States has a progressive tax system: you pay more, as a fraction of your income, as you earn more. In fact, if you allocate the total official tax take of the United States across the population, […]

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Multiple Insurers are Intrinsically More Costly than Single-payer Systems such as Canada’s

Multiple insurers are intrinsically more costly than single-payer systems such as Canada’s “A system with multiple insurers is also intrinsically costlier than a single-payer system. For insurers it means multiple duplicative claims-processing facilities and smaller insured groups, both of which increase overhead. Fragmentation also raises costs for providers who must deal with multiple insurance products […]

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