A rallying call for many in the progressive left, Medicare For All was effectively introduced and championed by Senators Bernie Sanders in the 2016 and 2020 Democratic Party Presidential Primaries. Advocates, of which there are many, claim that Medicare For All would bring the United States in line with the rest of the world, promising … Continue reading Why ‘Medicare For All’ is the Right Approach
When I last wrote about Medicare For All, I had some critical things to say about its feasibility and affordability. I wrote that in order to finance the system the government would need to greatly raise taxes on middle income, such as through regressive payroll taxes. Here I will demonstrate what I consider to be … Continue reading The Least Unforgiving M4A Fiscal Scenario
I'm going to get straight to the point. How much would it cost for the state of California to fund a "Medicare-for-All" single-payer healthcare system? Well, the short answer is that in 2019 it would've cost approximately $240 billion, or about 7.5% of gross state product. But Please don't close out just yet! You should … Continue reading How Much Would It Cost for California To Adopt a Single-Payer Health Care System?