The Third Estate Sunday Review focuses on politics and culture. We're an online magazine. We don't play nice and we don't kiss butt. In the words of Tuesday Weld: "I do not ever want to be a huge star. Do you think I want a success? I refused "Bonnie and Clyde" because I was nursing at the time but also because deep down I knew that it was going to be a huge success. The same was true of "Bob and Carol and Fred and Sue" or whatever it was called. It reeked of success."
Monday, February 24, 2020
Truest statement of the week II
The evidence abounds: A Medicare for All single-payer system would guarantee comprehensive coverage to everyone in America and save money.
Christopher Cai and colleagues at three University of California campuses examined 22 studies on the projected cost impact for single-payer health insurance in the United States and reported their findings in a recent paper in PLOS Medicine. Every single study predicted that it would yield net savings over several years. In fact, it's the only way to rein in health care spending significantly in the U.S.
All of the studies, regardless of ideological orientation, showed that long-term cost savings were likely. Even the Mercatus Center, a right-wing think tank, recently found about $2 trillion in net savings over 10 years from a single-payer Medicare for All system. Most importantly, everyone in America would have high-quality health care coverage.
Medicare for All is far less costly than our current system largely because it reduces administrative costs. With one public plan negotiating rates with health care providers, billing becomes quite simple. We do away with three-quarters of the estimated $812 billion the U.S. now spends on health care administration.
-- Diane Archer, "Here's What 22 Separate Studies Found: Medicare for All Would Cost Less Than the For-Profit Status Quo" (COMMON DREAMS).