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A New Congressional Budget Office Study Shows That Medicare for All Would Save Hundreds of Billions of Dollars Annually — Matt Bruenig

Summary:
The most exhaustive study on Medicare for All just came out. Its conclusion: a single-payer system would guarantee health insurance to all people while reducing overall health spending by hundreds of billions of dollars every year.The fly in the ointment is that the US doesn't have the health care facilities or personnel to handle the suddenly increased number of people covered. That could be rectified but it would likely take several years, although this would be costless if funded by the federal government.JacobinA New Congressional Budget Office Study Shows That Medicare for All Would Save Hundreds of Billions of Dollars AnnuallyMatt Bruenig

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The most exhaustive study on Medicare for All just came out. Its conclusion: a single-payer system would guarantee health insurance to all people while reducing overall health spending by hundreds of billions of dollars every year.
The fly in the ointment is that the US doesn't have the health care facilities or personnel to handle the suddenly increased number of people covered. That could be rectified but it would likely take several years, although this would be costless if funded by the federal government.

Jacobin
A New Congressional Budget Office Study Shows That Medicare for All Would Save Hundreds of Billions of Dollars Annually
Matt Bruenig

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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