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Members of National Nurses United (NNU), along with a broader coalition of pro-Medicare for All organizations rallied outside of the national headquarters of PhRMA in support of Medicare for All on April 29, 2019 in Washington, DC. (Photo: NNU/flickr/cc)
Sen. Bernie Sanders on Saturday applauded a new study published today by a team of epidemiologists in the peer-reviewed medical journal The Lancet, which found that Medicare for All will save Americans $450 billion and prevent 68,000 unnecessary deaths each and every year.
"This study confirms that Medicare for All will save the American people $450 billion on health care costs and will prevent 68,000 unnecessary deaths - each and every year," Sanders said. "In other words, guaranteeing health care as a human right by creating a Medicare for All system will cost substantially less than our current dysfunctional health care system. It will save working class families thousands of dollars and it will prevent tens of thousands of Americans from dying each year. While the CEOs in the pharmaceutical and health insurance industry may not like it, we will end their greed and enact Medicare for All when I am president."
\u201cA single-payer, universal health care system in the U.S. would save >68,000 lives and more than $450 billion annually, writes YSPH Prof. Alison Galvani and colleagues in the current issue of The Lancet. https://t.co/Ktww0RVcJa @YaleEMD\u201d— Yale School of Public Health (@Yale School of Public Health) 1581683415
According to the study, by replacing premiums, deductibles, co-payments and out-of-pocket costs with a progressive tax system, Medicare for All will save the average family thousands of dollars each year and will provide lower-income households the greatest relief.
Struggling hospitals serving low-income communities would be particularly helped by Medicare for All by eliminating uncompensated care, increasing Medicaid reimbursement rates to Medicare levels, and reducing administrative overhead, according to the study.
The study also debunks several attacks on Medicare for All from the private health care industry that made well over $100 billion in profits last year. Doctors and hospitals would see large savings in cost and time from streamlining our bloated and inefficient administrative and billing system, allowing doctors to spend more time with patients, the study found.
The study is the latest in a series of studies conducted over the past three decades that have found that guaranteeing universal health care through a single-payer health care system would not only dramatically improve the health and well-being of the American people, it would cost less than our current dysfunctional health care system that puts profits over people.
Last month, another medical journal found that 19 out of 22 studies done over the past 30 years concluded that moving to a Medicare for All, single-payer health care system would cost less than our current health care system in the first year, and all of the studies showed that it would cost less within a decade of implementation.
Trump and Musk are on an unconstitutional rampage, aiming for virtually every corner of the federal government. These two right-wing billionaires are targeting nurses, scientists, teachers, daycare providers, judges, veterans, air traffic controllers, and nuclear safety inspectors. No one is safe. The food stamps program, Social Security, Medicare, and Medicaid are next. It’s an unprecedented disaster and a five-alarm fire, but there will be a reckoning. The people did not vote for this. The American people do not want this dystopian hellscape that hides behind claims of “efficiency.” Still, in reality, it is all a giveaway to corporate interests and the libertarian dreams of far-right oligarchs like Musk. Common Dreams is playing a vital role by reporting day and night on this orgy of corruption and greed, as well as what everyday people can do to organize and fight back. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. |
Sen. Bernie Sanders on Saturday applauded a new study published today by a team of epidemiologists in the peer-reviewed medical journal The Lancet, which found that Medicare for All will save Americans $450 billion and prevent 68,000 unnecessary deaths each and every year.
"This study confirms that Medicare for All will save the American people $450 billion on health care costs and will prevent 68,000 unnecessary deaths - each and every year," Sanders said. "In other words, guaranteeing health care as a human right by creating a Medicare for All system will cost substantially less than our current dysfunctional health care system. It will save working class families thousands of dollars and it will prevent tens of thousands of Americans from dying each year. While the CEOs in the pharmaceutical and health insurance industry may not like it, we will end their greed and enact Medicare for All when I am president."
\u201cA single-payer, universal health care system in the U.S. would save >68,000 lives and more than $450 billion annually, writes YSPH Prof. Alison Galvani and colleagues in the current issue of The Lancet. https://t.co/Ktww0RVcJa @YaleEMD\u201d— Yale School of Public Health (@Yale School of Public Health) 1581683415
According to the study, by replacing premiums, deductibles, co-payments and out-of-pocket costs with a progressive tax system, Medicare for All will save the average family thousands of dollars each year and will provide lower-income households the greatest relief.
Struggling hospitals serving low-income communities would be particularly helped by Medicare for All by eliminating uncompensated care, increasing Medicaid reimbursement rates to Medicare levels, and reducing administrative overhead, according to the study.
The study also debunks several attacks on Medicare for All from the private health care industry that made well over $100 billion in profits last year. Doctors and hospitals would see large savings in cost and time from streamlining our bloated and inefficient administrative and billing system, allowing doctors to spend more time with patients, the study found.
The study is the latest in a series of studies conducted over the past three decades that have found that guaranteeing universal health care through a single-payer health care system would not only dramatically improve the health and well-being of the American people, it would cost less than our current dysfunctional health care system that puts profits over people.
Last month, another medical journal found that 19 out of 22 studies done over the past 30 years concluded that moving to a Medicare for All, single-payer health care system would cost less than our current health care system in the first year, and all of the studies showed that it would cost less within a decade of implementation.
Sen. Bernie Sanders on Saturday applauded a new study published today by a team of epidemiologists in the peer-reviewed medical journal The Lancet, which found that Medicare for All will save Americans $450 billion and prevent 68,000 unnecessary deaths each and every year.
"This study confirms that Medicare for All will save the American people $450 billion on health care costs and will prevent 68,000 unnecessary deaths - each and every year," Sanders said. "In other words, guaranteeing health care as a human right by creating a Medicare for All system will cost substantially less than our current dysfunctional health care system. It will save working class families thousands of dollars and it will prevent tens of thousands of Americans from dying each year. While the CEOs in the pharmaceutical and health insurance industry may not like it, we will end their greed and enact Medicare for All when I am president."
\u201cA single-payer, universal health care system in the U.S. would save >68,000 lives and more than $450 billion annually, writes YSPH Prof. Alison Galvani and colleagues in the current issue of The Lancet. https://t.co/Ktww0RVcJa @YaleEMD\u201d— Yale School of Public Health (@Yale School of Public Health) 1581683415
According to the study, by replacing premiums, deductibles, co-payments and out-of-pocket costs with a progressive tax system, Medicare for All will save the average family thousands of dollars each year and will provide lower-income households the greatest relief.
Struggling hospitals serving low-income communities would be particularly helped by Medicare for All by eliminating uncompensated care, increasing Medicaid reimbursement rates to Medicare levels, and reducing administrative overhead, according to the study.
The study also debunks several attacks on Medicare for All from the private health care industry that made well over $100 billion in profits last year. Doctors and hospitals would see large savings in cost and time from streamlining our bloated and inefficient administrative and billing system, allowing doctors to spend more time with patients, the study found.
The study is the latest in a series of studies conducted over the past three decades that have found that guaranteeing universal health care through a single-payer health care system would not only dramatically improve the health and well-being of the American people, it would cost less than our current dysfunctional health care system that puts profits over people.
Last month, another medical journal found that 19 out of 22 studies done over the past 30 years concluded that moving to a Medicare for All, single-payer health care system would cost less than our current health care system in the first year, and all of the studies showed that it would cost less within a decade of implementation.