The studyfound that a progressive tax system that would replace premiums,deductibles, co-payments and out-of-pocket costs would result inthousands in savings every year for the average family. (Photo:Shutterstock)
A new study published in The Lancet adds to the growing appealof Medicare for All, estimating that it would not onlysave $450 billion but would also save more than 68,000 lives fromunnecessary death—every year.
The study found that a progressive tax system that would replacepremiums, deductibles, co-payments and out-of-pocket costs wouldresult in thousands in savings every year for the average family,and would also be most beneficial for lower-income households.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
