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Sanders Applauds New Medicare for All Study: Will Save Americans $450 Billion and Prevent 68,000 Unnecessary Deaths Every Year
“Medicare for All will save Americans $450 billion and prevent 68,000 unnecessary deaths each and every year.”
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.”
A 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
— YaleSPH (@YaleSPH) February 14, 2020
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.
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