Medicare-for-all is cheaper

“The Koch-funded Mercatus Center provided accidental support for Sanders’ Medicare-for-all plan recently when it published a paper demonstrating that America as a whole would save over $2 trillion in spending over 10 years by passing such a program. Yes, there would be a gigantic increase in federal spending, but it would be more than compensated by lower prices and administrative costs. For individuals, as a RAND study of a proposed New York state single-payer plan shows, taxes would go up dramatically, but premiums, deductibles, and co-pays would be zeroed out, leaving most people with more money on net.”