An A-team of epidemiologists found that Medicare for All will save Americans $450 billion

[Nanjeanne]

https://www.sciencedirect.com/science/article/pii/S0140673619330193

By contrast, a universal system, such as that proposed in the Medicare for All Act, has the potential to transform the availability and efficiency of American health-care services. Taking into account both the costs of coverage expansion and the savings that would be achieved through the Medicare for All Act, we calculate that a single-payer, universal health-care system is likely to lead to a 13% savings in national health-care expenditure, equivalent to more than US$450 billion annually (based on the value of the US$ in 2017). The entire system could be funded with less financial outlay than is incurred by employers and households paying for health-care premiums combined with existing government allocations. This shift to single-payer health care would provide the greatest relief to lower-income households. Furthermore, we estimate that ensuring health-care access for all Americans would save more than 68 000 lives and 1·73 million life-years every year compared with the status quo.

[tosh]

1. Annually!

Wow!

Edited to add: and those projections of the numbers of lives saved — Super Wow!!!

There really is no downside. If only people were not so afraid 😟.

[LeftTurn3623]

2. Kick

We all know this is true. Every industrialized country in the world has a single-payer system that cost less then our current system

[abqtommy]

3. Now what does being an epidemiologist have to do with economics/accounting? asking for a

friend...

[Nanjeanne]

5. Have your friends contact them at Yale

with his/her concern

Improving the prognosis of health care in the USA

Prof Alison P Galvani, PhD
Alyssa S Parpia, MPH
Eric M Foster
Burton H Singer, PhD
Meagan C Fitzpatrick, PhD

Here’s the list of their references in case he:she wants to include their own analysis

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[abqtommy]

6. I can see that the best thing for me to do in the future is to send any questions directly

to you, Nanjeanne. Thanks for the comprehensive reply!

[Nanjeanne]

8. You're welcome.

[ms liberty]

9. That was a thing of beauty. Thank you! n/t

[BeckyDem]

4. Highly recommend.

[airplaneman]

7. The rest of the world figured out M4A will save about 1/3 for everybody

Even here on DU I hear people say we cannot afford it.
-Airplane

[Bumperstickers]

10. KNR