Peri — Economical Analysis Of Medicare For All

Abstract

This written report past times PERI researchers Robert Pollin, James Heintz, Peter Arno, Jeannette Wicks-Lim together with Michael Ash presents a comprehensive analysis of the prospects for a Medicare for All wellness attention arrangement inwards the United States. The most key goals of Medicare for All are to significantly improve wellness attention outcomes for everyone living inwards the States of America acre every bit good establishing effective toll controls throughout the wellness attention system. These 2 purposes are both achievable. As of 2017, the U.S. was spending almost $3.24 trillion on personal wellness care—about 17 per centum of full U.S. GDP.

Meanwhile, nine per centum of U.S. residents bring no insurance together with 26 per centum are underinsured—they are unable to access needed attention because of prohibitively high costs. Other high-income countries pass an average of almost forty per centum less per somebody together with reach amend wellness outcomes. Medicare for All could trim down full wellness attention spending inwards the U.S. past times nearly 10 percent, to $2.93 trillion, acre creating stable access to adept attention for all U.S. residents.

PERI — Political Economy Research Institute – UMASS Amherst
Economic Analysis of Medicare for All
Robert Pollin, James Heintz, Peter Arno, Jeannette Wicks-Lim, Michael Ash
November 30, 2018 |
Research Report

See also

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

Jake Johnson