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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Medicare for All Would Improve Hospital Financing

Medicare for All Would Improve Hospital Financing “Hospitals account for more than one trillion dollars of health expenditures annually, and analysts have raised concerns that a shift to single payer, or Medicare for All, might adversely affect hospital care. A common narrative has emerged in the popular press and in medical journals, suggesting that Medicare for All would decrease […]

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Funding Improved Medicare for All Would be Progressive, Lifting Burden from Individuals

Funding Improved Medicare for All Would be Progressive, Lifting Burden from Individuals “Government spending on health care would increase substantially under a single-payer system. In 2017, just under half of the $3.5 trillion in national health care spending came from private sources. Shifting a large amount of expenditures from private to public sources would significantly […]

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Households Earning $30k to $130k would save the Most Money with NIMA

Households Earning $30k to $130k Would Save the Most Money with NIMA “Improved Medicare for All will redistribute income by reducing the burden of health-care costs on the sick and disabled, redistributing the burden of health-care finance from lump-sum payment insurance premiums to tax payments associated with income.51 The redistributive effect will depend, of course, […]

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Current Healthcare Revenues Would Be Funneled into NIMA

Current Healthcare Revenues Would Be Funneled into NIMA “..The program would be supported using currently dedicated revenues and additional taxes. Available revenues include federal funds committed to Medicare, Medicaid, and other federal programs, plus state revenues currently paid into the Medicaid system and those dedicated to school health and other state programs..” “Currently available funding […]

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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, 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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