How A Major Study of Medicare For All Backfired
Listen to story:
Download: mp3 (Duration: 21:57 — 20.1MB)
FEATURING PAUL SONG – The infamous Koch Brothers funded a study of Medicare-for-All through the Mercatus Center at George Mason University in Virginia. Unsurprisingly the report estimates the cost of insuring all Americans through the government would be $32.5 trillion. Media outlets uncritically reported on this finding.
But Senator Bernie Sanders of Vermont who has championed Medicare-for-All slammed the report saying, “If every major country on earth can guarantee health care to all, and achieve better health outcomes, while spending substantially less per capita than we do, it is absurd for anyone to suggest that the United States cannot do the same.” He added, “This grossly misleading and biased report is the Koch brothers response to the growing support in our country for a ‘Medicare for all’ program.”
Buried in the report was the incredible conclusion that government funding of health care would cover 30 million more Americans, dramatically reduce out-of-pocket costs for healthcare and actually save $2 trillion.
Paul Song, the Healthcare Correspondent for Rising Up With Sonali. He is a board-certified radiation oncologist and the co-chair of the Campaign for a Healthy California, and is on the board of Physicians for a National Health Program, and People for the American Way.