The US could insure 30 million more Americans and virtually eliminate out-of-pocket health care expenses while saving $2 trillion in the process, according to a new report about Medicare for All released by the libertarian Mercatus Center.
That's pretty amazing. Also, I imagine that there is a sizable contingent of would-be entrepreneurs who would love to jump ship and pursue their dreams but are held back by a need to be able to provide their families with health care. Removing that impediment would be a huge boon to entrepreneurialism in the United States.
Also, the correction at the end is pretty remarkable:
Note: this post originally stated that the estimated savings from Medicare for All would be $303 billion, rather than $2.054 trillion. We regret the error.
More entrepreneurs would be great. Think also of the rise in wages when employers can no longer tout medical insurance as a benefit and don't have to pay an exorbitant premium for each employee, either.
That's pretty amazing. Also, I imagine that there is a sizable contingent of would-be entrepreneurs who would love to jump ship and pursue their dreams but are held back by a need to be able to provide their families with health care. Removing that impediment would be a huge boon to entrepreneurialism in the United States.
Also, the correction at the end is pretty remarkable:
Note: this post originally stated that the estimated savings from Medicare for All would be $303 billion, rather than $2.054 trillion. We regret the error.