1. Improved Traditional Medicare for All Makes Economic Sense
Fraud and waste
19% 1%
2.8%
Uniform rates on delivery side
5.9%
Pharmaceutical pricing
12% 9%
Increased
Utilization
12%
Total system administration
New Expenses
New Savings
Note: Percentages are the impact on total healthcare expense. For example, a 40% reduction in the price of pharmaceuticals impacts 14.7% of total healthcare spend; 0.4 x .147 = 059.
Source: Pollin, R., et al. Economic Analysis of Medicare for All. PERI (Political Economic Research Institute), U Mass - Amherst
accessed Dec 3, 2018

2. Improved Traditional Medicare for All Makes Economic Sense?
19%
New Savings
New Expenses
12%
Note: Percentages are the impact on total healthcare expense. For example, a 40% reduction in the price of pharmaceuticals impacts 14.7% of total healthcare spend; 0.4 x .147 = 059.
Source: Pollin, R., et al. Economic Analysis of Medicare for All. PERI (Political Economic Research Institute), U Mass - Amherst
accessed Dec 3, 2018

3. Improved Traditional Medicare for All Makes Economic Sense
2017 US healthcare consumption
$3.24 T
Increase utilization by 12%:
$3.63 T
Savings of 19%:
$2.93 T overall costs
19%
New Savings
New Expenses
12%
Note: Percentages are the impact on total healthcare expense. For example, a 40% reduction in the price of pharmaceuticals impacts 14.7% of total healthcare spend; 0.4 x .147 = 059.
Source: Pollin, R., et al. Economic Analysis of Medicare for All. PERI (Political Economic Research Institute), U Mass - Amherst
accessed Dec 3, 2018

4. Improved Traditional Medicare for All Makes Economic Sense
One illustrative financing proposal for $2.93 T
Continue current public healthcare funding: $1.88 T
Business healthcare premiums cut by 8% overall, still leaves: $623 B
3.75% sales tax on non-necessities: $196 B
0.38% tax on net worth (exempt first $1M): $193 B
Tax long-term capital gains as ordinary income: $69 B
Overall, households and private businesses
would pay 9.6% less than today
$2.96T
Note: Percentages are the impact on total healthcare expense. For example, a 40% reduction in the price of pharmaceuticals impacts 14.7% of total healthcare spend; 0.4 x .147 = 059.
Source: Pollin, R., et al. Economic Analysis of Medicare for All. PERI (Political Economic Research Institute), U Mass - Amherst
accessed Dec 3, 2018