Financing

Single payer provides universal access to health care and simplified billing. Low administrative overhead means more of the health care dollar goes to health care.

How is Medicare For All paid for?

  • Single payer achieves savings by removing the middlemen, simplifying administration,  and negotiating drug prices. 
  • Taxes levied on larger businesses, as well as a progressive tax on personal incomes will be less than what most people and businesses have been paying for premiums, deductibles, copays, and drug costs. Our current system unfairly burdens the middle class. 
  • Those with very high incomes may pay slightly more. For a more complete discussion: Single Payer Saves Californians $117 billion a year

 

Financing Medicare For All

Brand-Name Drug Prices: The Key Driver of High Pharmaceutical Spending in the U.S.

International Profiles of Health Care Systems

Reflecting Poorly: Health Care in the U.S. Compared to Other High-Income Countries

219 Economists in Support of a Medicare for All Health Care System