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In-Depth Analysis by Team of UMass Amherst Economists Shows Viability of Medicare For All

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Comprehensive plan is estimated to reduce U.S. health consumption expenditures by nearly 10 percent, while providing decent health care coverage to all Americans.

Robert Pollin, Jeannette Wicks-Lim, Jared Sharpe, Common Dreams / Portside

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December 01, 2018 | A team of economists from the University of Massachusetts Political Economy Research Institute (PERI) has found that the Medicare for All Act of 2017, introduced to the United States Senate by Senator Bernie Sanders, is not only economically viable, but could actually reduce health consumption expenditures by about 9.6 percent while also providing decent health care coverage for all Americans.

http://evergreenedigest.org/sites/default/files/Viability%20of%20Medicare%20For%20All%20sidebar.jpgIn a nearly 200-page report released at the Sanders Institute Gathering, the first major event hosted by the think tank founded by Jane O’Meara Sanders and David Driscoll, the senator’s wife and son, the economists outline seven major aspects of transforming the U.S. health care system, detailing step-by-step the actions needed to be taken to achieve truly universal health care and its potential impacts on individuals, families, businesses and government. The analysis, which was in development for 18 months, has received praise from 11 distinguished experts in the fields of economics and health care studies who have rigorously reviewed the researchers’ findings.

Pollin and Wicks-Lim were joined in crafting the analysis by UMass Amherst colleagues James Heintz, associate director and Andrew Glyn Professor of Economics, Peter Arno, senior fellow and director of health policy research, and Michael Ash, senior research fellow and professor of economics and public policy.

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