Economic Analysis of Medicare for All

Abstract

Robert Pollin et al., Political Economy Research Institute, November 2018 "We estimate that, through implementation of Medicare for All, overall U.S. health care costs could fall by about 19% relative to the existing system. The first is the same public health care revenue sources that presently provide about 60% of all U.S. health care financing, including funding for Medicare and Medicaid. Under the transitional program featuring the 8% premium reductions for covered employees, businesses that have been providing coverage for their employees will see their health care costs fall by between about 8% to 13%, after accounting for administrative savings as well as their premium reductions.