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Medicare for all sign The study found that a progressive tax system that would replace premiums, deductibles, co-payments and out-of-pocket costs would result in thousands in savings every year for the average family. (Photo: Shutterstock)

A new study published in The Lancet adds to the growing appeal of Medicare for All, estimating that it would not only save $450 billion but would also save more than 68,000 lives from unnecessary death—every year.

The study found that a progressive tax system that would replace premiums, deductibles, co-payments and out-of-pocket costs would result in thousands in savings every year for the average family, and would also be most beneficial for lower-income households.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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