Congress Says Medicare For All Would Save $650 Billion Every Year
The Congressional Budget Office finds Medicare for All would save a ton of money, no matter what TV pundits and corporate consultants say.
A large share of Medicare administrative costs are tied up in tasks like eligibility determination… that would no longer exist in a Medicare for All system.”
—Matt Bruenig, People’s Policy Project
In the words of researcher Matt Bruenig—founder and president of the progressive think tank People’s Policy Project who called the CBO’s working paper (pdf) on the topic “more exhaustive than any other recent study on the subject”—the new analysis shows that administrative costs under a single-payer healthcare system “will be lower than what even the most rabid Medicare for All supporters have traditionally claimed.”