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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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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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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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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