'Easy to Pay for Something That Costs Less': New Study Shows Medicare for All Would Save US $5.1 Trillion Over Ten Years

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Corporate Power,Healthcare,Inequality

Jake Johnson is a senior editor and staff writer for Common Dreams.

BURLINGTON, VT - Confronting the question most commonly asked of the growing number of Americans who support replacing America's uniquely inefficient and immoral for-profit healthcare system with Medicare for All--'How do we pay for it?'--a new paper released Friday by researchers at the Political Economy Research Institute shows that financing a single-payer system would actually be quite simple, given that it would cost significantly less than the status quo.

In a statement, Pollin said his research makes abundantly clear that the moral imperative of guaranteeing decent healthcare for all does not at all conflict with the goal of providing cost-effective care. 'The most fundamental goals of Medicare for All are to significantly improve healthcare outcomes for everyone living in the United States while also establishing effective cost controls throughout the healthcare system,' Pollin said. 'These two purposes are both achievable.

Corporate Power Healthcare Inequality Jeffrey Sachs Medicare Medicare For All Michael Lighty National Nurses United Robert Pollin Sanders Institute Single-Payer

 

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