Medicare for All would Create Net Increase in Jobs and Wages “Job loss claims are misleading, and substantial boosts to job quality are often overlooked Fundamental health reform like “Medicare for All” would be a hugely ambitious policy undertaking with profound effects on the economy and the economic security of households in America. But despite oft-repeated claims of large-scale job […]
Continue readingWages Would Rise with Medicare for All
Wages Would Rise with Medicare for All “Hidden in the larger debate over “Medicare for all” is a fundamental economic question: Who pays for work-based health insurance? For the 157 million Americans who get health insurance through their work — or through the job of a spouse or parent — the answer may seem obvious, evident right […]
Continue readingCoverage Expansions like Medicare for All Redirect Care to the Poor and Sick, but Do Not Drive Up Overall Utilization
Coverage Expansions like Medicare for All Redirect Care to the Poor and Sick, but Do Not Drive Up Overall Utilization “Abstract Most analysts project that a reform like Medicare-for-All that lowers financial barriers to care would cause a surge in the utilization of services, raising costs despite stable or even reduced prices. However, the finite […]
Continue readingPublic Option Doesn’t Have Cost Savings or Quality of Single-Payer System
Public Option Doesn’t Have Cost Savings or Quality of Single-Payer “For a century, most U.S. medical organizations opposed national health insurance. The endorsement by the American College of Physicians (ACP) of single-payer reform marks a sea change from this unfortunate tradition (1, 2). Like their U.S. counterparts in an earlier era, many Canadian physicians feared, and […]
Continue reading2nd-largest U.S. Doctor’s Group Endorses Improved Medicare for All as a Necessary Reform
2nd-largest Doctor’s Group Endorses Improved Medicare for All as a Necessary Reform “This paper is part of the American College of Physicians’ policy framework to achieve a vision for a better health care system, where everyone has coverage for and access to the care they need, at a cost they and the country can afford. […]
Continue readingMultiple 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 […]
Continue readingMedicare For All expands Medicare to the Entire Population and corrects its Deficiencies
Medicare for All expands Medicare to the entire population and corrects its deficiencies “The NHP can be conceptualized as an expansion of Medicare to the entire population, with correction of that system’s deficiencies– most glaringly, high cost sharing, limitations on coverage, and subcontracting to wasteful private plans. By dramatically reducing administrative costs and other inefficiencies, […]
Continue readingNIMA Savings Enough to Cover the Uninsured and Upgrade Benefits for All
NIMA Savings Enough To Cover The Uninsured and Upgrade Benefits for All “Under the single-payer system created by HR 676, the U.S. could save an estimated $592 billion annually by slashing the administrative waste associated with the private insurance industry ($476 billion) and reducing pharmaceutical prices to European levels ($116 billion). In 2014, the savings […]
Continue readingReducing 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 […]
Continue readingHR 676 – The Expanded and Improved Medicare for All Act
HR 676 – The Expanded and Improved Medicare for All Act In 2003, The Expanded and Improved Medicare for All Act (HR 676) was introduced in 2003 by Rep. John Conyers, and re-introduced through the 115th Congress, 2017-2018. “This bill establishes the Medicare for All Program to provide all individuals residing in the United States […]
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