The following Argument has been submitted for the above Viewpoint.

wb_incandescent

Lower overall healthcare costs due to lower administrative fees and the economy of scale

With M4A, there would be fewer insurance companies and administrative complexities, leading to significant cost savings. Streamlining the system could eliminate redundancy, simplify billing, and reduce waste, lowering the overall cost of healthcare. A 2020 study in The Lancet estimated that M4A could save over $450 billion annually in healthcare costs. Additionally, preventive care could reduce long-term costs associated with untreated conditions.

While Medicare for All (M4A) may result in increased use of healthcare services, particularly by those who were previously uninsured, the cost savings it provides are more than sufficient to cover this demand. It's important to note that individuals who were already insured through their employers do not absorb these savings. Previously, their employers covered the cost of health insurance, and now they pay a similar amount as healthcare taxes.

error Counters
history_edu Life Stories
mode_comment Comments

The following Counters have been submitted for the above Argument.

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This is compensated by extra usage from those who previously lacked insurance

The increased demand for healthcare services from newly insured individuals (approximately 30 million currently uninsured Americans) could offset the savings from reduced administrative costs, potentially resulting in higher overall expenses.

Evaluate Stories

The following Life Stories have been submitted for the above Argument.

John Smith

@johnsmith

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. @bulmaio. #css #responsive
11:09 PM - 1 Jan 2016

John Smith

@johnsmith

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. @bulmaio. #css #responsive
11:09 PM - 1 Jan 2016

Evaluate Comments

The following Comments have been submitted for the above Argument.

John Smith

@johnsmith

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. @bulmaio. #css #responsive
11:09 PM - 1 Jan 2016

John Smith

@johnsmith

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus nec iaculis mauris. @bulmaio. #css #responsive
11:09 PM - 1 Jan 2016

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