One financing option? A mandatory public premium averaging $7,500 per capita – the equivalent of $12,000 per individual not otherwise on public insurance. (Photo: Shutterstock)
A preliminary estimate of the financing burden of a Medicare for All plan recently released by the Committee for a Responsible Federal Budget (CRFB) consists of a list unpalatable choices, suggesting that the committee is not all that keen on a single-payer health care system for Americans.
The report, "Choices for Financing Medicare for All: A Preliminary Analysis," describes nine ways to finance a Medicare for all system, assuming a $30 trillion price tag over the next decade—an number that is on the low side of some recent estimates.
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