Can Medicare For All Reduce the Cost of Care?
Published June 9, 2020
Supporters of Medicare for All claim that it would lower health care costs, but they fail to recognize that these low costs rely heavily on “cross-subsidies” with private insurance. Adopting a Medicare for All system could result in enormous negative impacts in access to and quality of health care. Policy makers should be skeptical of the savings promised by Medicare for All and acknowledge their inevitable consequences.
- What would happen if a single-payer, Medicare for All–type program were created in the United States?
- Are there non-single-payer solutions to improving the health care system?