“Sen. Bernie Sanders’ 2017 Medicare for All bill (S.1804) would guarantee exceptional care to all Americans while reducing health spending by $5.11 trillion. At least that’s what a new study from researchers at the University of Massachusetts-Amherst’s Political Economy Research Institute, which is co-directed by Professor Robert Pollin, claims. Sound too good to be true? It is. The study’s assumptions are completely unrealistic. Medicare for All would be a disaster for patients and taxpayers alike. An analysis from the Urban Institute pegged the cost of Sen. Sanders’ 2016 plan at $32 trillion over 10 years in new federal spending. And Charles Blahous at the Mercatus Center analyzed his 2017 bill and estimated it would cost $32.6 trillion over 10 years, after accounting for lower administrative and drug costs.”
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