How Much Would Universal Health Care Cost?
Affordable healthcare access should be the top goal of every government, but costs often stand in its way. At present, the United States spends more on healthcare than any other country while 37 million remain uninsured and 41 million lack adequate access to care despite this spending spree. A universal system, such as that proposed by Bernie Sanders’ Medicare for All plan, could close this gap significantly; our latest data show it could save 13% off total expenditures on healthcare provision overall. These savings result from reduced administrative costs associated with private insurance. The US healthcare system is complex, consisting…