New study ignites debate over cost of 'Medicare for all'
By Nathaniel Weixel - 07/31/18 02:11 PM EDT
A new study that puts an astronomical price tag on a Medicare-for-all proposal has prompted mockery from conservatives and defensive cries from liberals.
The analysis, from the libertarian-leaning Mercatus Center at George Mason University, focuses on legislation introduced by Sen. Bernie Sanders (I-Vt.) and estimates that his proposal to create a national health insurance system would lead to a $32.6 trillion increase in federal spending over a 10-year period.
The eye-popping figure is tied in large part to the fact that under Medicare for all, the federal government is designed to take on almost all health spending. Which explains why federal spending would go up significantly.
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http://thehill.com/policy/healthcare/399715-new-study-ignites-debate-over-cost-of-medicare-for-all