Healthcare Finance News January 17, 2020
In all, 19 of 22 models predicted net savings in the first year after implementation, averaging 3.5% of total healthcare spending.
A single payer healthcare system would save money over time, likely even during the first year of operation, according to nearly two dozen analyses of national and statewide single payer proposals made over the past 30 years.
The study, published in PLOS Medicine, comes as California Gov. Gavin Newsom has created a state commission to find ways to achieve universal coverage, possibly through a single payer system, and as the Democratic presidential candidates are debating “Medicare for All” proposals on the national stage.
The U.S. spends more on healthcare than any other country, yet is one of only a...