healthcare funding – Medicare for All Facts

U.S. Funds More Healthcare via Taxes than Other Developed Nations

U.S. Funds More Healthcare via Taxes than Other Developed Nations “As is well known, US health care costs are far higher than those in any other nation (Table 3). However, the high level of tax-funded spending in the United States receives less attention. Indeed, tax-funded health expenditures in the United States account for a larger […]

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, […]

healthcare funding medicare for all savings

$1099 Billion in Potential Savings with Medicare for All

$1099 Billion in Potential Savings in 3 Spending Categories Savings in provider administration, $192 billion; Savings from eliminating private insurance, $258 billion; Savings from using Medicare-negotiated rates (reduces costs of hospitals, drugs, and medical devices), $649 billion. Total savings, $1099 billion. “Note: This figure shows potential savings in 2019 from an Improved Medicare for All […]

administrative savings funding medicare for all healthcare funding medicare for all cost monopoly drug pricing NIMA