Study: Medicare for All Would Cost $34 Trillion Over Decade

A full-scale “Medicare for All” program is the costliest of healthcare proposals at $34 trillion over a decade, according to a new estimate from the liberal think tank Urban Institute.

The proposal examined was one similar to the one pushed by Democratic presidential hopefuls Sens. Elizabeth Warren, D-Mass., and Sen. Bernie Sanders, I-Vt.

Detailed as a “single-payer approach,” the plan would leave no one uninsured, including undocumented immigrants, and “largely eliminate consumers’ out-of-pocket medical costs but would require much greater federal spending to finance.”

The total: $34 trillion over 10 years. Federal government spending would increase by $2.8 trillion and national spending on healthcare would grow by about $720 billion in 2020.

A model mixing public and private insurance – similar to one favored by Democratic presidential frontrunner Joe Biden – would improve on the Affordable Care Act but leave 6.6 million undocumented immigrants without coverage.

National health spending would decrease the first year by $22 billion under the plan, and overall government spending would rise by $1.5 trillion over 10 years.

The 81-page study was conducted by the Urban Institute and the Commonwealth Fund.

via newsmax

2 comments

  1. These hypocrite libs(lying sack of Schiff) don’t know the meaning of the truth! They are at it again and just as mentally deranged as the rest of the Globalists NAZI Muslim Commie Liberal Demoncrats! Deep State, Pelosi, Waters, Schumer, Hollywood, Academia, Fake News, Swamp News and you know the rest!! ‪Expose, Boycott, Sue, prosecute and bring to justice all these lying Fake News deep state treasonous Godless NAZI commie liberal demoncrats and RINOs post-haste,Patriots! Drain the rat infested swamp President Trump!‬

    1. I agree and drugged out old hippie Bernie is an embarrassment to the country. The Dems cannot grasp this is a country where you have the right to the pursuit of happiness BUT you do not have the right to expect others to pay for it, for one, and as in all Socialist countries that’s what expected and the minions will STILL be the last on the totem pole who will suffer like those in Venezuela. or like the couple in England who’s child was dying and the government healthcare refused to allow them to take it to Italy who volunteered to try. As Forrest Gump stated, “Stupid is as stupid does.”

Leave a Reply

Your email address will not be published. Required fields are marked *

*