Wallet, cash and stethoscope Under the existing health care system, Americans can expect to pay $11.7 trillion between out-of-pocket costs — the copays, deductibles and uncovered medical expenses — and premiums over the next decade. (Photo: Shutterstock)

Promoting her much-discussed plan to create a single-payer "Medicare for All" health system, Sen. Elizabeth Warren emphasized a striking figure.

"If we make no changes over the next 10 years, Americans will reach into their pockets and pay out about $11 trillion on insurance premiums, copays, deductibles and uncovered medical expenses," the Democratic presidential candidate said in an Instagram video posted Monday.

The Democratic health care debate has been full of competing analyses and estimates about what Medicare for All might cost, what it might save and who would bear the brunt of paying for it. But this precise number was new to Kaiser Health News.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.