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 sources already going towards healthcare that would be funneled into paying for NIMA:

“Revenue from ending the tax deduction of employer-provided health insurance..

Revenue from ending other tax expenditures..

Out-of-pocket spending…

Medicare…

Federal Medicaid…

State Medicaid…

Veterans Administration…

TRICARE (Military Health Service)…

Children’s Health Insurance Program (SCHIP)…

ACA exchange subsidies…

Indian Health Service…

Other spending by state and local governments including Substance Abuse and Mental Health Services Administration (SAMHSA), maternal and child health programs, vocational rehabilitation, and school health programs…

Premiums for Medicare Parts A, B, D.”

Gerald Friedman, “We Can Have Improved Medicare For All,” Hopbrook Institute, University of Massachusetts at Amherst, December 11, 2018, pp. 15-17

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

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