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Health Care Binders Under Sanders’s plan, the family who buys insurance on their own could pay $20,000 in additional taxes but come out ahead. If they had insurance provided through their jobs, that’s a $5,000 net loss. (Photo: Shutterstock)

Senator Bernie Sanders says most people in America will have to pay more in taxes to pay for his Medicare for All plan. But he insists that’s a good deal — and will save people money overall by lowering health costs.

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