Medicare for All would be funded by the savings obtained from replacing today’s inefficient, profit-oriented, multiple insurance payers with a single streamlined, nonprofit, public payer, and by modest new taxes based on ability to pay. Premiums would disappear; 95 percent of all households would save money. Patients would no longer face financial barriers to care such as co-pays and deductibles, and would regain free choice of doctor and hospital. Doctors would regain autonomy over patient care.
Reports from the Economic Front | July 31, 2017
The US health care system produces healthy profits while leaving growing numbers of people without access to affordable, quality health care.
The US is one of the only advanced capitalist countries without a system of universal health coverage. Tens of millions are uninsured, and many millions more pay for insurance that is either too limited in its coverage or too expensive to use. What we need, and could implement if political realities change, is a “Medicare for all,” single-payer system of national health insurance.
As the organization Physicians for a National Health Program explains:
View original post 1,032 more words