NIMA 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 […]

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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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$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 […]

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