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Thursday, October 17, 2019

$59 trillion over a decade: Analysis finds health spending would rise, not fall, under 'Medicare for all'

A new analysis suggests that the "Medicare for all" idea backed by Democratic presidential candidates Vermont Sen. Bernie Sanders and Massachusetts Sen.Elizabeth Warren would raise total national health spending by $7 trillion over a decade.

The analysis, from the Urban Institute, undercuts the argument by "Medicare for all" supporters who say providing a single public plan would save the United States money. It comes as Warren has been under pressure to detail how she would fund the healthcare overhaul, which would put everyone living in the U.S. on a government plan.

The analysis, coupled with an extensive healthcare reform study funded by the Commonwealth Fund, finds that while "Medicare for all" would leave no one uninsured, over a decade it would increase government spending by $34 trillion while overall healthcare spending would climb to $59 trillion.

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3 comments:

Anonymous said...

No problem. All President Elizabeth Warren will need to do is raise taxes on all of us who have jobs and print more money. Problem solved.

Anonymous said...

This is a math problem even a 5th grader would agree that the cost would rise substantially. This gives the impression that Politians are not as smart as a 5th grader. Then you could look at it as a Democrat education is that of a third world nation.

Anonymous said...

Everyone except Senators, Congressman and the congressional staff! They would all be covered under the Elitists Plan like they are now. Congress should not be exempt from any laws they pass or have passed like they are now!