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Jul 31

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Study says ‘Medicare For All’ Would Cost $32.6 Trillion Over Ten Years

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The single-payer health care system advocated by Sen. Bernie Sanders (D., Vt.) and an increasing number of Democrats under the tagline “Medicare for all” would cost the federal government $32.6 trillion over the next decade, according to a study released Monday by George Mason’s Mercatus Center, a libertarian-leaning policy center.

Extending Medicare benefits to the entire population would require a massive tax increase as the government assumes the entirety of the health care costs currently born by individuals, according to the study, which aligned precisely with a similar analysis performed by the Urban Institute.

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