By Stephanie Woolhandler, M.D., M.P.H.; David Himmelstein, M.D.; and Adam Gaffney, M.D., M.P.H.
November 30, 2018
The Economic Analysis of Medicare for All by the Political Economy Research Institute (PERI) team provides a robust and well-documented projection of the economic effects of a properly structured single payer health care reform. Its estimate that such reform would provide universal and comprehensive coverage without any increase in overall health expenditures is sound, and in keeping with older estimates from authoritative sources, such as the Government Accountability Office and the Congressional Budget Office, as well as evidence on the costs of care in nations that have implemented single payer reforms. Indeed, even an estimate by the Koch brothers-funded Mercatus Institute concluded that a single payer reform would realize savings of $2 trillion over ten years.
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