HUGE SAVINGS ON HEALTH CARE

Saving $592 billion on health care in 2014 would occur with HR 676: The Expanded and Improved Medicare for All Act. The new fiscal analysis by economist Gerald Friedman found most of the savings in lower administrative costs and negotiated drug prices.  The study concludes that non-profit, single payer not only costs less for 95% of Americans, it covers more. This study, commissioned by Physicians for a National Health Care Program, is consistent with findings of earlier studies. Both a summary and links to the full 12-page study are available at http://www.pnhp.org/ 

Posted on August 1, 2013 .